Here's how China's response to Trump tariffs silently rocks bitcoin

China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way to the crypto market. What to know : China has responded to U.S. tariffs by diversifying exports away from the United States and tightly managing the yuan, keeping its export engine resilient and its global market share rising. JPMorgan says Beijing’s low-volatility FX framework prioritizes a stable, range-bound yuan to preserve competitiveness and counter deflation, while effectively tying the currency’s moves to the dollar. This managed FX regime influences bitcoin indirectly through global dollar liquidity and tariff-driven macro cycles.(Coindesk)