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Bitcoin Bull Sentiments Increase as Chinese Government Decides to Lower Interest Rates

  • China's decision to lower interest rates has increased Bitcoin bull sentiments.
  • QCP Capital analysts predict that additional stimulus measures from Chinese financial regulators will create a more positive environment for digital assets.
  • The global trend of major central banks adding more money into the market is creating a favorable outlook for cryptocurrencies.
  • Despite the positive sentiment, the global crypto market cap has slightly declined.

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