Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Huge news here.
After the shut down of BTCChina i think that the Chinese buyers are still a bit shell shocked and to see one of the most popular exchanges in China to open up again must be a relief for them. With this relief will come more bitcoin buyers for sure.
Do not estimate the power of Chinese buyers, when huobi is back price could easily rise by $1k.