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China Rumored to Unban Bitcoin for 16th Time, Potentially Surging Value Past $100,000
Jul 15, 2024, 02:47 AM
Rumors are circulating that China is about to unban Bitcoin for the 16th time, potentially reversing years of restrictive policies. The unbanning could have significant financial implications, as it may lead to a surge in Bitcoin's value, potentially surpassing $100,000. This move could also impact the U.S. dollar, increasing daily trading volumes as Chinese wealth shifts from yuan to Bitcoin.
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