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Bitcoin Primed For Immense Volatility As Chinese State Media Warns BTC Could Crash To Zero
Harga bitcoin and other cryptocurrencies has gyrated in recent days as investors remain wary due to recession fears. A Monday mini-rally had BTC perched kembali melebihi $ 20,000 tetapi lembu jantan semakin kehilangan cengkaman mereka.
Mata wang kripto terbesar di dunia menyaksikan penurunan singkat di bawah $20,000 sebahagian besarnya halangan simbolik ketika crypto menghadapi musim sejuk yang teruk.
Sementara itu, saluran media milik negara China, the Harian Ekonomi, is warning investors that the ongoing meltdown could drive the price of bitcoin kepada sifar.
Bitcoin Going To Zero?
Beberapa bulan yang lalu telah menjadi huru-hara untuk aset digital. Firma Crypto Celsius, Babel Finance, dan Three Arrows semakin hampir kepada insolvensi manakala yang lain seperti Gemini dan Coinbase telah memberhentikan beberapa kakitangan mereka untuk menghadapi masa yang sukar.
In a renewed sell-off Wednesday, bitcoin shed 6.09% of its value over the past 24 hours to hover around $20,129, while Ethereum fell over 7%. The combined market cap of all cryptos currently stands at $912 billion, up 1.88% on the day. That’s noticeably a far cry from roughly 7 months ago when the crypto market cap mendahului $3 trilion.
Carta BTCUSD oleh TradingViewMenurut Harian Ekonomi, pasaran beruang semasa pasti bertambah buruk. Kedai milik Parti Komunis China itu berkata mata wang kripto bellwether tidak mempunyai nilai intrinsik dan akhirnya akan menjadi tidak bernilai apabila pelabur hilang keyakinan dan lebih banyak negara berdaulat mengisytiharkannya sebagai haram, Post China Morning Post dilaporkan.
The Beijing regime outlet also believes the crypto market is riddled with “manipulation and pseudo-technology concepts”. The latest warning reflects the Chinese government’s staunch anti-crypto stance against cryptocurrencies. The nation banned all bitcoin mining activities in May 2021, which led to miners migrating to other friendlier jurisdictions in droves.
Selain perlombongan, kewangan negara dan institusi kerajaan teknologi terkemuka China juga mengisytiharkan semua urus niaga berkaitan kripto menyalahi undang-undang. Larangan sepenuhnya terhadap teknologi terdesentralisasi, bagaimanapun, terbukti sia-sia.
. bitcoin mining prohibition, which once led to a 50% slump in the BTC network global hash rate, could not completely kill the mining industry in the nation. Surprisingly (or unsurprisingly, depending on whom you ask), China is back at the second spot after the U.S. in terms of contribution to the BTC mining network as underground mining operations flourish.
Sumber asal: ZyCrypto