According to @business, a major Chinese stock index briefly broke above a key psychological barrier for the first time in a decade as trade tensions ease, pointing to a cautiously improved risk tone in China, source: Bloomberg @business. This matters for crypto because Bitcoin and global equities moved more in sync from 2020 to 2022, indicating cross-asset sensitivity to shifts in risk appetite, source: International Monetary Fund 2022. Crypto traders can watch BTC and ETH during Asia trading hours for any sentiment spillover following the index’s breakout headline, sources: Bloomberg @business; International Monetary Fund 2022.