Yes, CNY really does matter

OKCOIN:BTCUSD3M   Bitcoin / Dollar Forward 3 Months
202 0 2
As you can see, there is an interesting pattern forming. BTC             follows CNY's decline in value in a inverted manner with less and lesser of a delay responding quicker to the CNY             movement. The market is getting more efficient at responding to the demand that emerges through the devaluation of the CNY             .
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