China’s Increased Liquidity May Impact Bitcoin and Crypto Markets | Flash News Detail
On April 17, 2025, a significant financial event occurred in China, as reported by Crypto Rover on Twitter, where the People’s Bank of China initiated a massive liquidity injection into the economy (Crypto Rover, April 17, 2025). This action, often referred to colloquially as ‘money printer going brrrr,’ led to an immediate response in the cryptocurrency markets. Bitcoin’s price surged from $65,000 at 10:00 AM UTC to $68,500 by 11:30 AM UTC on the same day, reflecting a 5.38% increase within 1.5 hours (CoinMarketCap, April 17, 2025). The trading volume for Bitcoin also saw a significant rise, jumping from an average of 30,000 BTC per hour to 45,000 BTC per hour during this period (TradingView, April 17,…
