BTC/USD has surged back up and over US$25,000. First time its been this high ($25.1K as I update) since early June.

While correlation is not causation its difficult not to mention the PBOC rate cut as a catalyst for the jump in price. I haven't seen other news, which does not mean there isn't any, of course.

I did post this tidbit over the weekend:

usdbtc 15 August 2022