Bitcoin has had a monumental morning on the Asian trading session. With a 10 percent surge on the day BTC has reached a three week high while in China, the Yuan collapses to a 10-year low against the greenback. Are the Chinese loading up on bitcoin? Yuan Down Bitcoin Up As we have seen on countless occasions recently, trading in Asia is dictating market movements for bitcoin and cryptocurrencies. Just a few hours ago BTCRead MoreThe post Is China Loading Up on Bitcoin as Yuan Gets Crushed? appeared first on Bitcoinist.com.