China’s latest blanket ban recently cussed panic in the crypto space for a while. However, Bitcoin and Altcoins continues bouncing back after the huge declines.
Furthermore, China’s crypto crackdown in 2021 is always harsh, especially with exchanges like CoinSwitch Kuber. Of course, with reports of nearly 30% decline in weekend transactions immediately after the ban.
More so, the Crypto market will continues its bullish move while Bitcoin, Ethereum, and more will bounce back.
While at the ban, at least three weeks before this discussion, Bitcoin is comfortably sitting at over $68000. Although having slight dip to $62 zones.
Additionally, India will benefits from China’s crypto crackdown through progressiveness. Of course, this is through pushing crypto transactions, mining, NFT adoption. Also, ICOs to become and focus role in pushing the crypto craze in the country.
Furthermore, the leading Indian tea manufacturer’s and Megastar Amitabh Bacchan’s NFTs will be ready for claims..
Lately, India possess the capacity to become a crypto focus i.e.. After it’s move from China as the primary pointer for growth, employment, and financial opportunities.
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