CandleFocus Chinese Stocks Crack Following A Week of Rally, Will BTC and Altcoins Benefit?
2024-10-08
Author: Content Editor
Chinese stocks experienced a significant drop after the country's economic planner delayed its plans for more stimulus. The Hand Seng Index fell by 7%, the most it has fallen in a single day since 2008. Investors in Bitcoin and altcoins are closely monitoring the situation, hopeful that this could lead to a shift in capital towards cryptocurrencies.
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