Bitcoin has delivered positive returns during the Chinese New Year in 11 of the past 12 years," says Matrixport.

A staff member shows commemorative coins and banknotes in celebration of the upcoming Chinese New Year at a branch of China Construction Bank (CCB) in Beijing, capital of China, Jan 3, 2025.

That is, until six years ago when China unveiled the petroyuan, and began making oil purchases in Chinese ... currency have ...