The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.

  • BTC is down 1.5% as the market was underwhelmed by stimulus measures announced by Beijing.
  • Crypto traders are looking to an upcoming Federal Reserve meeting for clues on where BTC might move next.

A September rally in Chinese stocks fizzled Tuesday as traders returned to the market following a weeklong holiday, with bitcoin (BTC) sliding in early Asian hours as broader market investors reacted.

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