Bitcoin Ends Week Notching 14% Gain — CoinDesk

Bitcoin Ends Week Notching 14% Gain — CoinDesk

“It appears as if the return of Chinese participants provided some fuel to the recent BTC fire, pushing prices temporarily above $56K overnight,” Armando Aguilar, FundStrat Global Advisors vice president of Digital Asset Strategy, told CoinDesk. “There was a similar risk-on sentiment in Chinese equity markets, with the Shanghai Composite closing up 0.67% in its first day back trading post-holiday.”

Originally Posted on: https://www.coindesk.com/markets/2021/10/08/market-wrap-bitcoin-ends-week-notching-14-gain/
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