Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking

June 20, 2023 CoinDesk

The risk-off mood is probably the market’s way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.

Source: https://www.coindesk.com/markets/2023/06/20/bitcoin-tentative-as-china-rate-cut-fails-to-spur-risk-on/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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