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Bitcoin falls below 8,200 USD – Is China to blame?

  • In a 60-minute speech, President Xi Jingping described cryptocurrencies as fraud and market manipulation.
  • Xi again illustrates that China sees great potential in blockchain technology and not in Bitcoin and other cryptocurrencies.

Bitcoin’s price has fallen below the support level of 8,400 USD and shows a further downward trend in the last 24 hours (- 3.76%) and stands at the time
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