Considering the fact that China keeps fighting to make sure they totally ban anything that has to do with Crypto (Bitcoin), we now notice that these days, their announcements now has less negative effect on Bitcoin, I.e Bitcoin don't fall careless again because of news from China like before.
But yet, investors and Bitcoin enthusiasts like me are beginning to worry if on the long run, China's ban can have a lasting drastic effect on Bitcoin or not.?
I fell the reason why the news about China and crypto, isn't affecting the prices that much anymore is because they did affect it when they said they were going to ban the mining of crypto that alone has made the prices dip a lot, especially since they were the number one in terms of mining rate in the world, and obviously most people were sure that it was a matter of time before they were going to ban its use completely, that is why the news had no significant negative impact recently.