683. China's Bank Run Effect on Bitcoin w/ Gareth Soloway LIVE

Jul 15, 2022 · 47m 20s
683. China's Bank Run Effect on Bitcoin w/ Gareth Soloway LIVE
Description

Chinese banks froze millions of dollars worth of deposits in April, telling customers they were upgrading their internal systems. Chinese media has reported that the frozen deposits could be worth...

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Chinese banks froze millions of dollars worth of deposits in April, telling customers they were upgrading their internal systems. Chinese media has reported that the frozen deposits could be worth up to $1.5 billion and authorities are investigating the three banks. About 1,000 people gathered outside the Zhengzhou branch of China's central bank on Sunday to demand action. On this episode, we're taking a look at how a possible China bank run would effect Bitcoin's price and adoption.

Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
website ➜ https://bit.ly/InTheMoneyStocksite

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#China #bitcoin #crypto
~China's Bank Run Effect on Bitcoin w/ Gareth Soloway LIVE~
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