Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
We get Q3 GDP from China today, here is what to expect:
- PREVIEW- China Q3 GDP result is going to be a key market focus
- Preview: Is Chinese GDP a win-win for the Australian dollar?
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Reuters is up with a bit of a run-down as well:
- Expected to post its weakest growth since the global financial crisis
- Property downturn weighs on manufacturing and investment
- Raising the heat on Beijing to unveil more stimulus measures.
The market believes Communist Party leaders will tolerate a gradual slowdown as long as there are no signs of a potentially destabilising jump in unemployment, but anything weaker would fuel speculation of major stimulus measures such as an interest rate cut.
-
Makes sense to me!
Note also, the communist party plenum is on in Beijing this week. I find it hard to imagine there will be too much bad economic news published during the 4-day meeting.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.