Bitcoin could potentially reach $70,000 next as China recently joined the Federal Reserve in what experts are calling a “huge macro event.” This development has sparked speculation among investors and traders in the cryptocurrency market. The collaboration between China and the Fed has the potential to significantly impact the value of Bitcoin in the near future. Investors are closely monitoring the situation to see how it will unfold and whether Bitcoin will indeed reach the $70,000 mark. This news highlights the increasing influence of macroeconomic factors on the cryptocurrency market and underscores the importance of staying informed about global events that could impact digital assets.