China Cuts Lending Rates & Bitcoin Price Slumps

from Boom Bust

The coronavirus continues to slam the Chinese economy, but what measures are the nation taking to deal with the outbreak? We’ll break it down. Plus, the U.S. is taking new measures to ramp up its fight against Chinese telecom giant Huawei – but what impact will they have? And Bitcoin has slumped in recent days, diving more than $800. What could this hit mean for the fintech pioneer? We’ll take a look at the big picture.

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