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Bitcoin Eyes Return to $25,000 after China Stats Sent BTC and ETH South – FX Empire

News Snapshot:

Bitcoin Eyes Return to $25,000 after China Stats Sent BTC and ETH South Key Insights: – It is a bearish start to the week for bitcoin (BTC) and Ethereum (ETH), which have joined the broader market in the red. – This morning, economic indicators from China weighed on riskier assets, with the Chinese economy performing far worse than anticipated. – However, despite the bearish mood, technical indicators remain bullish and support a return to the August highs. On Sunday, bitcoin (BTC) and Ethereum (ETH) succumbed to broader crypto market forces. After hitting $25,000 for the first time since June 13,…

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