Bitcoin Rebounds as China’s Strong Economic Data Boosts Market Sentiment
Global markets have been invigorated by stronger-than-expected economic data from China and declining oil prices, creating a favorable environment for Bitcoin‘s recovery. According to CryptoAppsy, Bitcoin rose by 1.1% over the last 24 hours to approximately $82,500. However, experts remain divided on whether the cryptocurrency will exceed the $100,000 mark by year-end.