Bitcoin Tests $97,000 Amid China’s $138 Billion Stimulus and Fed’s Quantitative Easing Signals

Bitcoin (BTC) jumped above $97,000 on Wednesday before retreating to the $96,000 range. The brief test came as markets absorbed a wave of liquidity-boosting announcements from China and growing speculation that the US Federal Reserve (Fed) may be edging toward a return to quantitative easing (QE). The moves’ timing, just hours before a crucial FOMC (Federal Open Market Committee) meeting, has sent traders scrambling to reassess the global macro picture. China Unleashes $138 Billion in Liquidity As Trade Talks Reignite Risk-On Sentiment The State Council Information Office hosted a press conference source: https://beincrypto.com/bitcoin-stimulus-fed-qe-uncertainty/