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Some analysts expect the yuan to appreciate by 5% to 10% as a result.
Price roller-coaster underscores that because bitcoin has no underlying profit streams or interest payments, it's inherently a speculative bet on future market trends.
In the land of sub-zero debt, a whole yield curve may turn negative.
Futures contracts put chances of increase next month at 78 percent.
Daily trading volume has contracted only slightly, according to the BIS triennial survey.
As more investors begin to think interest rates will rise this year, yield is rising on short-dated Treasury notes.
British pound is at its highest level of the year, as opinion poll suggests 52 percent of voters chose not to 'Brexit.'