Bitcoin Faces Volatility Amid Global Economic Shifts

Cryptocurrency markets experience turbulence as China's stimulus measures and geopolitical tensions influence investor sentiment.

Bitcoin's price fluctuated around $62,000, reacting to China's underwhelming stimulus plans and broader market dynamics.
The cryptocurrency market showed mixed performance, with Ethereum and major tokens like Solana and XRP experiencing declines.
Geopolitical tensions in the Middle East and anticipation of U.S. Federal Reserve announcements are adding to market uncertainty.
Despite recent volatility, Bitcoin's long-term outlook remains positive, with expectations of continued growth into 2025.
Institutional interest in cryptocurrencies is rising, driven by regulatory developments and the launch of new financial products like ETFs.