๐จ China Shocks the Crypto World: Full Ban on Bitcoin, Ethereum, and Mining Sends Markets Crashing!
๐จ China has completely banned all cryptocurrency activities.
๐ซ This includes trading and mining of Bitcoin, Ethereum, and other cryptos.
๐ The news caused crypto markets to crash, with significant drops in Bitcoin, Ethereum, and other digital currencies.
๐ฐ Many investors experienced panic selling and liquidations.
๐ค Reasons for the ban include concerns about financial stability, energy use, and promoting China's own digital currency.
๐ The ban's long-term impact on crypto adoption globally is a major concern.