China and other Asian countries are celebrating the Spring Festival today, a deeply rooted cultural festival that marks the beginning of a new year based on the lunisolar calendar.
Interestingly, the Lunar New Year has also become a significant period for cryptocurrency markets, with the leading asset, Bitcoin BTC/USD, historically netting positive returns in the following days.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in