Is Bitcoin About to Explode Amid Fiat Currency Crisis?



Fiat currencies are in a crisis, especially Asian ones. Is the Chinese Yuan going to collapse? Altcoins are in a crisis as well if you look at the charts in Bitcoin price, although alts are holding up pretty well in terms of USD valuations.

Bitcoin is reaching again the $12,000 resistance level and if it doesn't breach it, we'll form another lower high and consequently a start of a short-term downtrend.

Crypto Daily also discusses the 7,000 BTC Binance hack and the KYC data hack.

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