China issues warning about Bitcoin (BTC) heading to zero following the market meltdown


Source: crypto-news-flash.com crypto-news-flash.com

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- China blames the west for creating a highly-leveraged Bitcoin market that is full of manipulation. - China expects sovereign countries to declare Bitcoin as “illegal” in the future which is when it will collapse to ZERO. While the broader cryptocurrency market tanks under $1 trillion, China is capitalizing on its anti-Bitcoin stand. China’s State-run newspaper Economic Daily recently stated that Bitcoin investors should maintain extreme caution while predicting that the world’s largest crypto is “heading to zero”. This comes as part of Beijing’s continued efforts to dissuade its citizens from participating in crypto. Interestingly, the Chinese state-run media blames...