Post
Topic
Board Bitcoin Discussion
Re: Did China really crash Bitcoin again?
by
deadsilent
on 23/11/2019, 12:49:36 UTC
I think china is the main reason behind the crypto crash.But this news and cointelegraph news are different.but both news marked that china is the main reason. I saw in cointelegraph that chinese police  raids on binance and bithumb.
News:  https://cointelegraph.com/news/bitcoin-drops-below-73k-as-china-vows-to-dispose-of-exchanges/amp

I think that was just a fake news. But it really damage binance's credibility because of this FUD. But somehow make sense because Binance is a major and top cryptoexchange out there. For sure this made people especially the users of the exchange panicked sell and get the hell out. Not sure about bithumb tho.