China facing deflation may be bad news for Bitcoin Post author:MiamiCrypto Post published:August 19, 2023 Post category:Bitcoin Analysis / Bitcoin Price / China / Cryptocurrencies / Economy / Federal Reserve / Government / inflation / Market Analysis / Price analysis / United States Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. You Might Also Like Central Banks Kept Purchasing Gold in February; China Continues Gold Run April 8, 2024 Bitcoin briefly flippens Swiss franc after rally to new ATH October 20, 2021 Altcoins sell off while exchange listings boost COTI and Conflux Network August 26, 2021