Bitcoin Surges Above $65K as China Stimulus Fuels Crypto Rally

Bitcoin $BTC surged past $65,000, nearing its all-time high of $73,000, driving the crypto market’s total value to over $2.3 trillion. Altcoins rallied as well, with Solana-based tokens like Book of Meme $BOME and Billy jumping 16-27%, while Sui $SUI hit a new high of $2.35, entering the top 20 crypto assets.

Crypto analysts are eyeing a potential "altcoin season" as market signals turn bullish. Bitcoin’s recent recovery is also fueled by China’s economic stimulus and rising optimism around the upcoming U.S. presidential election, with some predicting Bitcoin could hit $100,000.

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