Reported about 3 hours ago
Bitcoin surged to a two-week high as traders reacted to China's uncertain fiscal stimulus, favoring cryptocurrencies over Chinese stocks. The largest digital asset rose nearly 2.8% before settling around $63,890, with other tokens like Ether and Solana also gaining. Economic uncertainties in China and the potential influence of the U.S. presidential election, particularly rising prospects for pro-crypto candidate Donald Trump, fueled this bullish sentiment.
Source: YAHOO