Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on April 20, 2021, 01:00:35 PM

Title: China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
Post by: newshunter on April 20, 2021, 01:00:35 PM

China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week

A rare seal of approval from the People’s Bank of China comes as Bitcoin recovers from a price crash that sent it to $52,000.

Source: China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week (https://cointelegraph.com/news/china-endorses-btc-investment-5-things-to-watch-in-bitcoin-this-week)

Would appreciate your opinion about this

Title: Re: China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
Post by: Gravatai on April 20, 2021, 02:11:53 PM

I think this is very good news for cryptocurrencies, since China has a large number of investors and now they have an opportunity to invest in cryptocurrencies. Within a few months, cryptocurrencies should experience an influx of finance.