Chinese Stocks Rally on Tax Cut; Bitcoin Falls Below $26K
- China cut the tax on securities transactions in half to 0.05% on Monday, leading Chinese stocks to rally.
- Bitcoin fell below $26,000 over the weekend, giving up recent gains.
- Nvidia's stock price is at its lowest since January, before it rallied 250%, presenting a potential buying opportunity.
- Alibaba and JD.com stocks rose following China's tax cut announcement.
- Bitcoin's next key price levels to watch are being closely monitored after its weekend drop.