I think @thecryptofiend .... That rumours will be only rumours because China itself is the beggist generator and exporter of Bitcoin and other crypto currencies..... Out of 100% mining China's Shares in Crypto world is alone 80% .... So China will never do this mistake to ban cryptocurrency exchanges.
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I know but the market still falls for it.
Yes you are right, Market always influence by rumours...
True because there are always people who will panic.
And they also get benefits of these things....