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China Orders State Banks to Reduce US Treasuries as Holdings Hit 17-Year Lows — Bullish for Bitcoin?
China has instructed state-owned banks to reduce their exposure to U.S. Treasury securities, extending a multi-year decline in its holdings of American government debt. The directive comes as China’s U.S. Treasury portfolio has dropped to its lowest level in roughly 17 years, reflecting a broader shift in how the country manages foreign reserves amid rising geopolitical and market risks according to report from Bloomberg. China’s Treasury holdings is reported to have fallen to around the mid-$600 billion range, down sharply from peaks above $1.3 trillion more than a decade ago. While the People’s Bank of China ... (full story)
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*CHINA URGES BANKS TO CURB US TREASURIES EXPOSURE ON MARKET RISK ...
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From dailyforex.com | Feb 10, 2026
Bitcoin price held steady above the key psychological level at $70,000 as volatility in the market dropped and a risk-on sentiment prevailed. The BTC/USD pair was trading at 70,800, up sharply from the year-to-date low of 60,100. Bitcoin jumped as investors moved back to risky assets as the US dollar retreated. The US Dollar Index (DXY) tumbled to $96.80 ...