💭Let's Hunt short!
China has banned all crypto!
🚫Crypto trading — completely illegal
🚫Mining? Done.
🚫Even holding crypto? Also banned.
🚫Exchanges? Blocked — local and international
🚫Wallets? Frozen. Surveillance ramped up.
🧠 Why Is China Doing This?
👉Official story?
“Financial safety,” “capital control,” and “preventing fraud.”
👉Real reason?
🧾They’re pushing their digital yuan (CBDC) like it’s the only option that matters.
And crypto? That’s a threat they don’t want around.
🧾They don’t want freedom money.
They want government money — and total control.
💭What Did the Market Do?
👉Bitcoin crashed from $111K to under $104K in hours
👉Ethereum dropped nearly 7%
👉Exchanges lit up with withdrawals
