Facing potential escalation of trade tensions with the US, China has declared it will ‘fight to the end’ against tariffs imposed by Donald Trump. This move could lead to a weakening yuan and easing monetary policies that may benefit Bitcoin. Analysts believe that this shift in Chinese currency policy could drive more capital out of the country and into cryptocurrency as investors seek refuge from economic uncertainty. China’s Commerce Ministry responded to Trump’s threats with a stern statement, warning of retaliatory action if US demands aren’t met. This stance comes at a time when China has eased its grip on the yuan, allowing it to depreciate to 7.2038 per dollar, the weakest it’s been since September.