Jim Cramer Fears China May Kill Bitcoin, Dumps Almost All Of His BTC Holdings


Source: zycrypto.com zycrypto.com

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Advertisement   CNBC’s James Cramer, also known as Jim Cramer, has fessed up to selling nearly all of his Bitcoin amid fears of China possibly killing the world’s largest cryptocurrency following the nation having intensified its attack. BTCUSD Chart By TradingView BTC dropped below $32,000 in price on Monday, on the back of China’s Global Times reporting more than 90 percent of the country’s mining capacity has been made void, with the Sichuan province closing several mines therein . It’s also being reported that China’s central bank, the People’s Bank of China, has instructed local banks to withdraw any...