China warns that Bitcoin price may fall to zero in the near future
The value of Bitcoin is declining sharply as all cryptocurrencies have already lost more than $ 2 trillion. As cryptocurrency faces collapse, the Chinese government has warned that Bitcoin prices will fall to zero in the near future. This is according to the South China Morning Post, which quotes an article in the Economic Daily, a newspaper under the control of the Central Committee of the Communist Party of China.
The source said that the government in Beijing is now continuing its efforts to prevent Chinese investors from all activities related to cryptocurrencies.
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