CHINA DUMPED $BTC FOR GOLD?
While China evidently bolstering its gold reserves,there is no sustained evidence to confirmed that it is 'dumping' BITCOIN in fabor of gold. The nation's action appear to be a part of a broader strategy to diversify its reserves and mitigate economic uncertainties.
Tough Chinise official ban on krypto currency trading and mining,the chinise government holds approximately 194000 $BTC , valued at around 16.1 Billions USD.