These past few weeks we have had so much news and stimulus from the Chinese economy that not only has it risen by more than 50% in a single month in its market, but it has also given a boost to the entire stock market and consequently to all cryptocurrencies in particular to maintain important levels at $BTC
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We had government support for discretionary spending on housing and also for companies.
And today the Chinese government said it plans to issue up to 6 trillion yuan to finance an economic stimulus, and being the most important economy in the world it affects all markets.