Bitcoin (BTC) Price Is More Affected by ETF, GBTC Outflows Than China’s Stimulus Plan: Analyst

“A rebound in the Chinese economy will have profound implications for the global economy, and any stimulus or easing policies will be an encouraging sign for investors. “Cryptocurrency markets see these policies as risky, so they will be more willing to innovate and be proactive in expanding the market,” said Greta Yuan, head of research at VDX, a regulated exchange in Hong Kong.