The bonds plummeted, bitcoin in hedge assets, the surge in the cause of what is?
Recently, whether it is gold or currency is the scene of a decline, unexpectedly also laicourenao bond.
Recently, the bond market is Starving people fill the land! Sealand securities, Guangdong Development Bank is a recount, the market fall over each other, in the form of disaster hit people return to public view, an unexpected. When market is a Aihong, bitcoin is thriving, but prices continued to rise! I do not know whether the best hedge assets bitcoin bond market has become the Savior?
Bitcoin has made such an impressive achievement is gratifying since Needless to say, what are the reasons to make bitcoin prices rose so fast?
First, the real estate regulation out of funds to invest in bitcoin
At the beginning of October, mainly in a second tier city in China have the introduction of real estate control policies. Local real estate turnover fell rapidly after regulation, because of cooling of the real estate, a lot of money out of the field of real estate, but this time, in the premise of negative interest rates, asset shortage, domestic investors are facing a shortage of investment channels, no doubt, to the center of the bitcoin investment highlights. Not to mention the bitcoin bitcoin investment threshold is low, the best advantage of hedging assets, so investment bitcoin seems to be the best way to hedge.
Two, the stock market turbulence caused strong investor risk aversion
At the beginning of September, as a large reservoir of funds of the stock market all the way up, the stock index to three thousand and two hundred points, but recently the ongoing market volatility increased, also increased the pressure of investors, compared to long-term instability in the stock market shocks, bitcoin due to sustained rise recently, has become an important asset allocation alternative products the stock market. Bitcoin and other new investment channels have become the property market and the stock market, the outflow of funds flowing into the excellent object, thus elevating the price of bitcoin.
Three, the impact of exchange rate turbulence in bitcoin climbing higher and higher to bitcoin, RMB exchange rate continued to fall, the potential relationship between bitcoin and RMB caused a lot of investors reverie, because bitcoin can circulation on the international market transactions, therefore, the rapid depreciation of RMB in the country. The Foreign Exchange Management Bureau to increase the background of overseas investment control, bitcoin became the so-called “swap underground highway”, some people through the “currency” of the renminbi funds swap. The so-called “currency” is the domestic RMB assets for bitcoin, then transferred to bitcoin bitcoin trading platform in other countries, and finally through the bitcoin trading platform in China to realize he sold, resulting in foreign exchange.
The common effect of the above three reasons led to a hot domestic bitcoin trading market, prices fluctuate.
If you want to know more bitcoin related, with “money said” WeChat (micro signal: bishishuo), note: BtcTrade. Before entering the official exchange group.