China had the opportunity to govern this crypto space but she faltered and unwittingly gave it out with her ban of cryptos in 2017 and subsequent bans that followed other years. China is a world power just like the US is. America is talking and acting positive towards cryptos. It's only natural that many people will be looking towards the US for fundamentals. Whatever news on cryptos that come out there is enough to either make price dump or pump. That way, it goes to show whose voice we listen to while picking trades or making investment choices.