China’s currency has taken a sharp downturn this year, prompting concerns about its impact on the global economy. While the weakening yuan could negatively affect trade relations between China and the U.S., some experts believe it might also provide an opportunity for Bitcoin to rise. 2023 saw the Yuan hit its lowest point since 2023. As tensions between China and the U.S. escalate, the Chinese government has opted to let the yuan weaken in order to make its exports more competitive. This strategy could signal a shift in economic approach that might have broader consequences for the world market. Could this be Bitcoin’s chance to re-ignite? This article examines how this scenario plays out: what experts are saying and what risks investors need to consider. For context, China has traditionally controlled its currency within a tight range, but this move suggests a change in policy.