Sentiment: Negative
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Bitcoin price soars above 30K amid weak inflation concerns in China
By James Van Straten at 2026-04-28 02:00
Sentiment: Negative
Quick Take Bitcoin reclaimed $30,000 during Asia trading hours. Reports showed that China’s CPI and PPI inflation came in lower than expected. China CPI YOY actual 0.7% vs. forecast of 1.1%. China PPI YOY actual -2.5% vs. forecast -2.5%. Markets may expect the People’s Bank of China to start a new round of stimulus due […] The post Bitcoin price soars above 30K amid weak inflation concerns in China appeared first on CryptoSlate. Continue reading...
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