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China's Central Bank Adds 20 Tons of Gold, Reinforcing Bitcoin (BTC) Debasement Trade

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China's PBOC added 650,000 oz of gold in August, its biggest monthly buy since 2023, extending a 22-month streak and the Bitcoin (BTC) debasement trade.

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China's Central Bank Adds 20 Tons of Gold, Reinforcing Bitcoin (BTC) Debasement Trade
CoinOtag 1h ago

China's Central Bank Adds 20 Tons of Gold, Reinforcing Bitcoin (BTC) Debasement Trade

China's PBOC added 650,000 oz of gold in August, its biggest monthly buy since 2023, extending a 22-month streak and the Bitcoin (BTC) debasement trade.