China’s Shanghai Composite drops on the open but has stopped falling, for now at least

News

We saw quite a few supportive media pieces out of China earlier after a big slide in China on Tuesday:

The Shanghai Comp has steadied a little after an initial drop. If the ‘National Team’ are going to have an impact today now is the time ….

Meanwhile the BTC people will be a bit happier today after being so sad this time yesterday, BTC/USD has managed to get itself back above US$40k and is straddling that level as I update. 

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