In Bitcoin-based transactions, about 76 billion US dollars of transactions are involved in illegal activities each year, accounting for about 46% of the total Bitcoin transactions. Almost a quarter of bitcoin users, and nearly half of bitcoin transactions, are illegal. Therefore, from a quantitative point of view, the use of Bitcoin is enough to become the target of attention of governments and international criminal police. If governments block Bitcoin, does Bitcoin have no value?
It may affect on the price of Bitcoin but bitcoin runs it's own way after getting some positive news. As bitcoin is Decentralised crypto, government isn't able to block bitcoin transaction. The value of Bitcoin will remain forever because it's the leading of crypto market.