Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

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Source: Coindesk.com

Cryptocurrencies sharply rebounded on Friday from the previous day's lows with bitcoin (BTC) retaking $63,000 as investors quickly shrugged off worries over slightly hotter inflation readings, turning their attention to a fiscal policy update from China on Saturday.

Bitcoin, the leading crypto asset by market capitalization, shot up 7% from Thursday's trough below $59,000 after the hotter

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Source: Coindesk.com

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