Cryptocurrency Market Tanks on the Same Old China Ban News, But Investors Who Sell Here Will End Up “Bummed”


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Cryptocurrency Market Tanks on the Same Old China Ban News, But Investors Who Sell Here Will End Up “Bummed” As China banned crypto yet again, Jeremy Allaire of Circle urged the US to “be on the right side of history; embrace the open internet of value.” Crypto markets have just made a decent recovery with Bitcoin going above $45k, Ether nearly $3,200, and the total crypto market cap above $2 trillion when China struck again with its same-old repetitive news of cryptocurrency ban. Despite the news of crypto mining and trading ban coming from China for nearly the last 8...