China’s Economic Woes May Propel Altcoins to New Heights
China’s weak economic performance might prompt the country’s central bank to implement stimulus measures, according to Bloomberg. This could enhance global liquidity and support the altcoin market’s rise to new all-time highs. A March study by 21Shares revealed a 94% correlation between Bitcoin’s price and global liquidity, a figure surpassing that of the S&P 500 […]