Bitcoin hits $97K as China injects $138B and Fed ramps bond purchases

PBOC cuts rates, trims mortgage costs. Trade talks between US and China scheduled. Markets await FOMC guidance on policy shift. Bitcoin surged past $97,000 on Wednesday before settling above $96,000, as a confluence of global monetary moves stirred markets ahead of the Federal Reserve’s policy announcement source: https://coinjournal.net/news/bitcoin-hits-97k-as-china-injects-138b-and-fed-ramps-bond-purchases/