Bitcoin has smashed through the $65k mark. At press time, BTC was worth $65,853. Speculators are on a high, as optimism swells around China’s economic stimulus.
China, trying to jolt its economy back to life, hinted at more economic aid over the weekend, but still didn’t spill the beans on how much cash it’s really going to inject.
Economists aren’t exactly clapping. They’re unsure if Beijing is doing enough to counter deflation, and China’s once roaring stock market seems to be faltering.