Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Dumps to $32K as China’s Bank Announced a Ban on Crypto Usage
by
johnwest
on 21/06/2021, 13:23:03 UTC
Currently, the price is hovering just above 32500$. The FUDs are getting too much these days and especially China is trying to put its miners below their feet. The has rates are going back to mid-2020 levels. In my opinion, this is actually a good thing for the BTC's future. The mining % will be less under the Chinese communist and this will also create more mining plants outside China. So this news might be a blessing in disguise for the crypto community.