PANews reported on November 6th that, according to Jinshi, Deutsche Bank analysts pointed out that Bitcoin recently stabilized after falling below $100,000 for the first time since June, due to an overnight rebound in US stocks and improved risk appetite. They stated that the main driving factors were better-than-expected economic data and increased speculation that the US government shutdown might be nearing its end. This boosted investor optimism about the short-term outlook, and risk assets as a whole performed well, including Bitcoin. The ADP US private employment report and the ISM services purchasing managers' index released on Wednesday also both exceeded expectations.
Deutsche Bank: Bitcoin stabilized due to overnight gains in US stocks and improved risk appetite.
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Author: PA一线
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