Bitcoin heading to zero, says China state media amid global crypto downturn News Bit


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Business By Dustin Moskovitz On Jun 25, 2022 0 Share As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. (adsbygoogle = window.adsbygoogle || []).push({}); The warning came as the cryptocurrency market continued to face meltdown with Bitcoin hovering around $21,000 per digital coin on Saturday — a substantial drop from its record high of $68,000 in November last year. “Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high,” the newspaper said....