China's central bank has injected ¥530 billion into the financial system through short-term lending operations to enhance liquidity and stimulate economic growth. This significant capital infusion is seen as a move to support the economy, which could indirectly benefit Bitcoin and other risk assets by increasing capital flows. Analysts speculate that this increased liquidity might drive Bitcoin's price higher, with some forecasts suggesting it could reach $150,000 in the coming months.
China Injects ¥530 Billion, Potentially Boosting Bitcoin
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