China has shaken the crypto world: complete bans on Bitcoin, Ethereum, and mining are destroying the markets!

China has imposed a complete ban on all cryptocurrency activities.

This includes trading and mining of Bitcoin, Ethereum, and other cryptos.

With significant declines in Bitcoin, Ethereum, and other digital currencies, the news has crashed the crypto markets.

Many investors faced panic selling and liquidation.

Reasons for the ban include financial stability, energy usage, and concerns about promoting China's own digital currency.

The long-term effects of the global ban on crypto adoption are a major concern.