đ„đšđł Analysts predict BTC to rise to $78,000 in the coming weeks amid the announcement of a âstimulus package for the Chinese economy.â
The Peopleâs Bank of China (PBOC) will inject $140,000,000,000 in liquidity into the financial system, cutting the RRR* rate by 50 bps.
+ eased rules for buying real estate and will recapitalize the largest banks for the first time in more than 10 years (cointelegraph)
*RRR is the reserve requirement rate for banks.