China has always been a big contributor to FUDs but there's no long lasting effects that have been felt right now.
China as the largest contributor of FUDs from year to year, the ban on FUD mining has a direct impact on the largest mining community in China. But, will FUD from China in the future no longer have an impact on the market crash because the crypto community is fed up with all that?
China FUD news is over in my opinion. What causes the decline for me is pure manipulation by whales and by speculators. They are obviously shorting
BTC at this time.
Just observed the price, when we are about to have a breakout to $35k and higher, the price suddenly will go down again for unknown reasons. So some big players from behind are working on their magic. We might say that the bears are in control, but these boys are changing the rules for now. Shorting and making good to decent money and then repeats the process.