**Bitcoin Hits Two-Month High Amid China Stimulus Boost**

Bitcoin (BTC) soared to a new two-month high on Sept. 27, reaching $66,194 on Bitstamp. This surge comes as China's economic stimulus measures lifted its stock market, with the Shanghai Composite Index experiencing its best week since 2008.

- **Market Reaction**: BTC/USD has risen 3% this week, bolstered by China's stimulus.

- **US Influence**: The S&P 500 also hit new highs following the Federal Reserve's 50-basis-point interest rate cut on Sept. 18.

- **Fed's Next Move**: Traders are eyeing another potential rate cut in November, though some argue it's unnecessary.

Bitcoin's support remains strong at $65,000, with traders noting increased buyer activity. As BTC continues to hold key levels, market sentiment appears bullish.