Presto Research: Chinese Stocks Recovery Boosts Crypto Market

Presto Research analysts report that China’s economic stimulus measures have pushed Bitcoin above $64,000, improving sentiment in the crypto market. 

The Shanghai Composite Index rose by 2.12%, lifting high-risk assets like cryptocurrencies. The total crypto market capitalization increased by 2%, with Ether up 3.24% to $2,539 and Solana climbing 4.67% to $152. 

However, analysts warned that Middle East geopolitical risks could negatively affect the market, and large players are waiting for the U.S. presidential election results before making major moves.

Presto Research: Chinese Stocks Recovery Boosts Crypto Market

Presto Research analysts report that China’s economic stimulus measures have pushed Bitcoin above $64,000, improving sentiment in the crypto market. 

The Shanghai Composite Index rose by 2.12%, lifting high-risk assets like cryptocurrencies. The total crypto market capitalization increased by 2%, with Ether up 3.24% to $2,539 and Solana climbing 4.67% to $152. 

However, analysts warned that Middle East geopolitical risks could negatively affect the market, and large players are waiting for the U.S. presidential election results before making major moves.

https://t.me/Alex_Royce_BTC/1361