Bitcoin has experienced a significant recovery, reaching a seven-day high of $64,300 after a 2.5% increase. This rise followed China's announcement of economic stimulus measures, which have positively influenced the market's sentiment.
Previously, Bitcoin had dipped below $60,000 due to concerns about market volatility and rising US CPI data. Despite these challenges, Bitcoin has demonstrated resilience, leading to a refocused interest on altcoins.
Currently, there is growing anticipation of a coming crypto bull run, with attention on four altcoins that are expected to potentially see a 10x rally. Investors are closely monitoring these altcoins for substantial gains.