Bitcoin is rising as the Dow drops and the Chinese Yuan tumbles to its weakest level in ten years, triggering a renewed debate on whether BTC has emerged as a new hedge against global economic instability. Scott Melker of Texas West Capital says he thinks traders in China may be “scooping up” Bitcoin to avoid […]The post Crypto Analysts React As Bitcoin (BTC) Shatters $11,800 appeared first on The Daily Hodl.