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Bitcoin price drops to 7,000 USD – Is FUD from China to blame?

  • The rumours of a possible closure of the Binance Office in Shanghai could have caused the Bitcoin price to plummet to USD 7,000.
  • However, Binance immediately denied these rumors and made it clear that Binance does not have a local office in the city.
  • Reports are also circulating that the Central Bank of China wants to take a closer look at cryptocurrency
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