Bitcoin fell to a low of $60,300, erasing almost all of its gains since the U.S. Federal Reserve’s interest-rate cut last month, signaling an inauspicious start to “Uptober,” the community’s affectionate name for the calendar month that has historically seen the highest gains for BTC. The largest cryptocurrency has lost 2.6% since the start of the month, CoinDesk Indices data show.
Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return
Elsewhere in China, the PBoC has begun to roll out a $70.6 billion fund called the Securities, Funds, and Insurance...