China could be a non-factor in cryptocurrency, but the cryptonian people within China is a big factor. Imagine every time China announce/announced crypto ban, we can expect the next scenario of crypto prices are going doomed. The movement effectively move differently in unexpected drop. Liquidated is so much in just a moment. That's how the impact of Chinese government chasing cryptonians. Btw, as what some said, China play crypto very well. Therefore China is a big factor to change the movement of crypto rapidly. Whatever, Crypto will continue to work and move with or without negative news from China.