I think yes, but I have no idea about details why it is rising bcs of it.
Anyone can explain me?
I havent in mind any idea why and how Chinese New Year can be influential on cryptocurrency market. But seeming the tabs and graphs I think that some connection is exist. At last time many coins started to rise.
Yes, but as many ppl expected, I thought Chinese was going to sell their coins for the annual event, which means the price had to decrease again. However, it is increasing somehow! so I really wondered how this happened and could be explained.