- Any news coming out of China tends to trigger some cryptocurrency market momentum.
- In the most recent development, it would appear China’s state planner wants to put an official end to Bitcoin mining in the country.
- Ever since Bitcoin trading in China took a big hit due to new regulatory measures, the country has continued its effort to thwart any cryptocurrency activity.
- While those efforts have seen varying degrees of success, any hint at banning Bitcoin-related activity usually drives the world’s leading cryptocurrency’s price down as a result.
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