Bitcoin Primed For Immense Volatility As Chinese State Media Warns BTC Could Crash To Zero

作者 ZyCrypto - 1 年前 - 阅读时间:2 分钟

Bitcoin Primed For Immense Volatility As Chinese State Media Warns BTC Could Crash To Zero

价格 bitcoin and other cryptocurrencies has gyrated in recent days as investors remain wary due to recession fears. A Monday mini-rally had BTC perched 回到20,000美元以上 但多头正在稳步失去控制。

随着加密货币面临严冬,全球最大的加密货币一度跌破 20,000 美元的象征性关口。

与此同时,中国国有媒体 经济日报, is warning investors that the ongoing meltdown could drive the price of bitcoin 归零。

Bitcoin Going To Zero?

过去几个月对于数字资产来说一直很混乱。 加密货币公司 Celsius、Babel Finance 和 Three Arrows 正逐渐接近破产,而 Gemini 和 Coinbase 已经解雇了一些员工以应对困难时期。

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 突破3万亿美元.

BTCUSD走势图 TradingView

经济日报,目前的熊市势必会恶化。 这家中国共产党拥有的媒体表示,这种领头羊的加密货币没有内在价值,随着投资者失去信心以及更多主权国家宣布它是非法的,最终将变得一文不值, 南华早报 报告。

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. 

除采矿外,中国最高的国家金融和科技政府机构也宣布所有与加密货币相关的交易都是非法的。 然而,完全禁止去中心化技术被证明是徒劳的。

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.

原始来源: ZyCrypto