Bitcoin's New Wave: FOMO Is Back! đ
- The US Federal Reserve's mid-September rate cut and China's stimulus plans have pulled Bitcoin out of its downtrend.
- Markus Thielen of 10X Research expects a rapid move to $70,000 as Bitcoin surpasses $65,000.
- $10 billion in stablecoins printed after the Fed's July meeting, liquidity increased.
- Circle's USDC accounted for 40% of recent stablecoin inflows, DeFi activity could surge.
- China's stimulus measures could trigger massive capital inflows into crypto.
Bitcoin is up 2.3% in the last 24 hours and 12% in the last month at $66,300.
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