Analytics

Chinese Stocks Crack Following A Week of Rally, Will BTC and Altcoins Benefit?

08.10.2024

Despite a strong start to Tuesday, the Chinese stocks came crashing down as the country’s top economic planner held back its plans to unleash further stimulus. As of press time, the Hand Seng Index (HSI) is trading 7% down, marking its biggest single-day fall since the 2008 financial crisis. Bitcoin and altcoin investors are watching the development closely in the hope of capital rotation back into crypto.

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08.10.2024
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