China stocks are pumping like crypto, and analysts say it’s bullish for Bitcoin

BTC $9262 (+2.5%) • ETH $237 (+5.3%) • XRP $0.185 (+5.3%)

Dramatic moves in Chinese stocks over the past week are causing analysts to draw comparisons with 2015’s bubble.

Reports state retail traders across China are actively searching for high-risk, high-returns in traditional assets. As a consequence, however, this may cause upward movement in the crypto markets, say observers.

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