Of bulls and bears: Bitcoin rally continues amid correction concerns

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The story "Of bulls and bears: Bitcoin rally continues amid correction concerns" was covered 13 hours ago by YourStory, a news publisher based in India.

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Of bulls and bears: Bitcoin rally continues amid correction concerns - YourStory

Quick Summary:

Bitcoin prices have surged above 45% since November, amid the US presidential election and Donald Trump’s reelection, adding fuel to a rally that has been in the making since late 2023.

Amid the investor rush to the exchanges to grab a slice of the Bitcoin, experts caution that any investments should be made after much consideration and research.“Do not try to time the market.

Amid a swirl of media reports and market rumours about the country potentially lifting the ban, the country is expected to roll out 2 trillion yuan ($284.43 billion) as part of a fresh fiscal stimulus package.“China has basically announced a $2 trillion stimulus package to prop up its economy, which effectively means that it is going to print $2 trillion worth of money.