Tag: Chinese investors

The discount in Tether's USDT hints at a panic among traders swapping digital assets for fiat, reflecting a trend of Chinese investors reallocating funds to the booming stock market, especially as the Shanghai Composite Index surges.(Reuters)
Posted in Business

‘Panic buying’ of Chinese stocks weighs on Crypto’s most-traded token

One of the best measures for gauging demand for cryptocurrencies suggests that some Chinese investors are shifting away from digital assets and back to the…

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