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Bitcoin Price Drop Due to Protest In China
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[QUOTE="arunima25, post: 284744, member: 30475"] My knowledge for bitcoin and other crypto currency comes from the online sources. I have no personal experience as I kept myself away from crypto. It's future and legal status has always been unclear in my country India and I preferred to stay away from it till a clear picture was there. Now coming to the protests in China. It's making news everywhere. People seem to be fed up of the authoritarian government and many even want to have a democracy there. The protests might have impacted the price of the Bitcoin to some extent. But the fall in the price of Bitcoins started much before that abd it has been months now that the bearish phase in the crypto market continues. China made some unfavorable decisions around crypto market. And that was definitely one of the major contributors to the beginning of the bearish phase. China is a big market abd so the unfavorable remarks about crypto did impact the market. The latest protest might have added to that in a small way. I read that all crypto coins are on fall. It's surprising to know that Dogecoin has increased by 8%. What I knew from the online sources that Dogecoin was one of the worst affected coins in this bearish market. [/QUOTE]
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Bitcoin Price Drop Due to Protest In China
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