The Chinese yuan has extended its three-month losing trend, sliding to its lowest since September 2023. "Markets Daily" host Jennifer Sanasie breaks down what CNY's strength means for bitcoin price. This content should not be construed or relied upon as investment advice.

On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ChiNEXT Index, a so-called risk barometer tracking the performance of innovative and high-growth SMEs in China, has also dropped 8% since Dec. 31, according to charting platform TradingView.

The start of 2025 has seen China’s market and currency woes ensue, as analysts claim these struggles could lead to a “second-term” Bitcoin (BTC) bull run. The largest crypto by market capitalization has gone back to trading over $100,

Bitcoin is once again capturing the attention of the financial world, rapidly approaching the $100,000 mark as the largest digital asset regains momentum following Donald Trump’s US Election victory.