Bitcoin (Price and Hashrate Recovery) Vs China – The Takeaways. What Next for the Crypto Industry After China’s Ban?


Source: dailycoin.com dailycoin.com

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News Snapshot:

- The [Chinese ban] continues to gain momentum this year, leading to a sharp crash in the price of cryptocurrencies in June. - A reduced hash rate as low as 69Eh/s in June is long behind the market, as the hash rate surged 128% in 83 days to [174Eh/s] . - Bullish investors are back in the winning corner as Bitcoin seems set to soar with many wild upward price predictions. - Crypto enthusiasts worry whether the effects of the Chinese ban are over and if miners migrating did the trick. This year came with a lot of positives for...