China eases stimulus plan, cutting Bitcoin bull run short

China eases stimulus plan, cutting Bitcoin bull run short

September’s Chinese stock rally just saw an abrupt end as stocks fell alongside Bitcoin (BTC) and local authorities showed no plans to provide further market stimulus. Hong Kong’s Hang Seng index is this year’s best-performing market, but on Tuesday, it lost 9.4% of its value in its steepest fall since 2008. The Shanghai Composite, on…