List of Flash News about China deposit rates
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13:45 |
China's State Banks to Cut Deposit Interest Rates: Major Economic Stimulus Could Boost Crypto Market in 2025
According to Crypto Rover, China's state banks will reduce deposit interest rates on Tuesday as part of a significant economic stimulus effort (Source: @rovercrc, Twitter, May 19, 2025). Lowering deposit rates is aimed at encouraging spending and investment, which may increase liquidity in financial markets. Historically, such moves in China have led to increased capital flows into alternative assets, including cryptocurrencies. Traders should monitor potential impacts on Bitcoin and other digital assets, as similar past policy shifts have correlated with crypto price surges. Additionally, speculation about the US taking similar actions could further drive global crypto market volatility. |