ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Bitcoin value plunges amid panic selling at yuan's rise

Stricter controls drive up Chinese currency, prompting investors to dump speculative holdings

TOKYO -- The value of the bitcoin dropped sharply Thursday night as Chinese individual investors rushed to dump the virtual currency in exchange for the fast-rising yuan.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more