Bitcoin Tests $66,000 Amid Expectations of Stimulus in China
On the morning of October 14, the rate of the first cryptocurrency exceeded the $64,000 mark. The reason was the positive dynamics of Asian stock markets due to expectations of the expansion of stimulus measures by the Chinese authorities.
15-minute chart of BTC/USDT on the Binance exchange. Data: TradingView.
At the time of writing, Bitcoin is trading at $64,100, having added 2.1% over the past 24 hours. The daily growth rate of Ethereum ($2,520) is 2.6%.
Of the top 10 cryptocurrencies by capitalization, TRON (-0.9%) stood out with a decrease. The rest of the assets grew from 0.2% (XRP) to 3.9% (Solana), according to CoinGecko.$BTC
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