Bitcoin (BTC) Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift

Bitcoin, the leading cryptocurrency by market value, rose to nearly $63,500 during the North American daytime, probing a downtrend line characterizing the pullback from late September highs above $66,000, according to data source CoinDesk and TradingView. Prices topped $63,400 late Friday but failed to sustain the move and dipped to $62,400 early today.

Source: https://www.coindesk.com/markets/2024/10/12/bitcoin-takes-another-shot-at-635k-as-chinas-vague-fiscal-stimulus-deters-capital-shift/?utm_medium=referral&utm_source=rss&utm_campaign=headlines