China is appearing to soften its stance on cryptocurrencies as of late
Good to some positive news from China after a very long time and with the trade restrictions being imposed upon them by the US, they might feel that bitcoin market could over come those trade restrictions and they might levy the unwanted restrictions they imposed on bitcoin and the current rally might be boosted by the news from China, i am not expecting China to accept bitcoin as a currency but merchants could understand the true potential of bitcoin and use it to have a free trade worldwide and overcome the restrictions.