Bitcoin Menuju $78K di Tengah Melemahnya Yuan dan Dukungan Mastercard
Bitcoin Climbs Toward $78K as Yuan Weakens, ETF Buzz Builds, and Mastercard Boosts Adoption https://cryptonews.com/news/bitcoin-climbs-toward-78k-as-yuan-weakens-etf-buzz-builds-and-mastercard-boosts-adoption/

Bitcoin Climbs Toward $78K as Yuan Weakens, ETF Buzz Builds, and Mastercard Boosts Adoption

Bitcoin is holding steady near $77,300 as optimism returns to crypto markets. A wave of bullish catalysts, including a proposed SUI ETF, the yuan's depreciation, and Kraken's new Mastercard partnership, are fueling renewed institutional and retail interest. While the broader trend remains fragile, growing capital inflows and expanding use cases are offering short-term price support and hinting at a potential shift in sentiment.

A weakening Chinese yuan may further support BTC demand. The currency has declined to its lowest level since 2023, as Beijing allows depreciation amid rising tariffs from the U.S. Former President Trump's 104% tariff policy has intensified trade tensions, prompting capital outflows. Ben Zhou, CEO of Bybit, said the falling yuan is "bullish for BTC," citing increased crypto flows from Chinese investors seeking a hedge. Arthur Hayes, BitMEX founder, echoed the sentiment, stating that there's a growing appetite to exit the yuan for hard assets.

Mastercard and Kraken have launched a payments solution that enables BTC and stablecoin transactions at more than 150 million global merchants. Initially rolled out in the UK and Europe, the integration allows Kraken users to spend digital assets like fiat, both online and in-store. The initiative builds on Kraken Pay, which has seen adoption from over 200,000 users. These new debit cards, supported by Mastercard's infrastructure, will simplify real-world crypto usage.