The MacroTourist

The MacroTourist

FANG AND BITCOIN RALLYING FOR THE SAME REASON?

Could China's recent moves explain the crazy price action in both assets?

Kevin Muir's avatar
Kevin Muir
Jul 26, 2021
∙ Paid

I have been meaning to write about crypto's “stablecoins” for a while now. However, I didn’t feel confident enough that I truly understood all the different angles.

And I still don’t.

Yet, I think this morning would be a perfect time to sketch out some of my longer-term concerns.

Over the weekend Bitcoin rallied almost 20% — supposedly on rumours that A…

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