I have seen this same scenario last bull market when bitcoin reach new ATH at aroun 20k$ china create news and FUDs regarding banning or cryptocurrencies and mining on their country but it turns out it is just a way to manipulate the market to store plenty of cryptos then create once again FOMO news.
is it a scenario devised by the Chinese government to manipulate the crypto market?
Or maybe it's the Chinese government that doesn't like how the investment shifts in their country?
I don't care if it's FUD or FOMO being popularized. but it is troubling a lot of people in the crypto market.