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Bitcoin Has Doubled In Value Since China Banned BTC Mining

Bitcoin Has Doubled In Value Since China Banned BTC Mining



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  1. tldr; The total crypto market cap has reached an All-Time High of $2.6 trillion and BTC is trying to make another ATH, currently trading above $64,000. Bitcoin’s price has already doubled from its brief decline after China banned Bitcoin mining in June. The US overtook China as the world’s biggest source of bitcoin mining two months after Beijing banned crypto mining.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Question: Couldn’t we consider this a late catalyst for a huge jump? What I mean is do you think China unbanning and supporting crypto would drop or raise the price?

    I view China as a sleeping catalyst for crypto.

What do you think?

How did the crypto market change in September with the introduction of national policies?

Crypto firm Crypto.com extends sub-accounts to its derivatives exchange

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