Another Bubble Bursts – Bitcoin China Crashes Over 30%

by Tyler Durden
ZeroHedge.com
Jan 5, 2017

First it was Chinese stocks, then Chinese real estate (twice), then Chinese commodities (twice), and now Chinese Bitcoin’s bubble has burst as a massive short squeeze on the offshore Yuan combined with comments on ‘virtual’ capital controls has sparked a bloodbath in the cryptocurrency from 8,896 yuan to 6,101 yuan in the last few hours…a 31% collapse.

The Rest…HERE

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