A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
Of course, this news should have a positive effect on the market, but it is also important that large investors start buying cryptocurrency in large quantities now, I think the market will finally go up.
Absolutely, the investors now are excited because china lifted its ban on cryptocurrency. We will expect that the market will boom if chinese investors invest in crytpo.