China’s central bank, the People’s Bank of China, resumed its government bond purchase program in October for the first time this year, injecting 20 billion yuan to support the economy. This move aims to maintain ample liquidity and contain borrowing costs, as market conditions have improved and the yuan has strengthened against the dollar.
Bitcoin hovers near $80,000 and Ethereum at $2,370 as macro uncertainty and weak institutional flows weigh on crypto markets
In recent developments, Bitcoin has dropped to roughly $80,685, while Ethereum hovers around $2,370 due to various market influences. Major altcoins such as XRP and
October 24, 2026