Bitcoin Surges Near $65,000 as Chinese Stocks Rebound Despite Mixed Reactions to Stimulus Plans

Bitcoin Surges Near ,000 as Chinese Stocks Rebound Despite Mixed Reactions to Stimulus Plans

Bitcoin soared near $65,000, over 3.4% higher in the last 24 hours, following a rise in Chinese stocks amidst mixed reactions to stimulus plans. Despite underwhelming announcements from the Chinese government on economic stimulation, the Shanghai Composite Index rose by over 2%. The upturn in risk sentiment is expected to encourage a continued ‘buy everything’ … Read more