Bitcoin Ends Week Notching 14% Gain — CoinDesk

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“It appears as if the return of Chinese participants provided some fuel to the recent BTC fire, pushing prices temporarily above $56K overnight,” Armando Aguilar, FundStrat Global Advisors vice president of Digital Asset Strategy, told CoinDesk. “There was a similar risk-on sentiment in Chinese equity markets, with the Shanghai Composite closing up 0.67% in its first day back trading post-holiday.”