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ZORBS by ZORA

Is China's sale of U.S. bonds an attempt to reduce dependence on the dollar?

Could this lead to a decrease in the dollar's value and push investors toward Bitcoin, potentially increasing Bitcoin's price?

China's sale of U.S. bonds could be seen as diversifying its reserves, potentially impacting the dollar's value. However, the direct effect on Bitcoin's price is uncertain and depends on various factors beyond just China's actions.
70 $DEGEN

They will do their best to succeed 
37 $DEGEN

Yes, in my opinion, China is trying to minimize its dependence on the dollar

The story of fiat currencies will end soon
89 $DEGEN

The price is always determined based on supply and consumption

I really have no idea, my dear friend
But I hope those who know will give their opinion👍

Zora's Shark is very extensive and widely used.
49 $DEGEN

Yeah it can be, I really like china's mindset about beign independence.

Bitcoin will soon replace most paper money and government bonds...
72 $degen
🤓🤓

Bitcoin seems to be much stronger than that

This action can increase the price of Bitcoin