🇨🇳 China declares a full-scale crackdown on cryptocurrencies.
1. No legal recognition of crypto as “money” 2. Any crypto-related business is financial crime 3. Complete ban on foreign crypto services operating inside China
Remember that dip to $67k when everyone was distracted by the headlines? Bitcoin just reclaimed $70,000 like it never happened. While the retail crowd was panic-selling the 'noise,' the smart money was clearly accumulation. XRP is the clear winner today with a +19% explosion. Are we looking at a new leg up, or is this the final trap before a bigger move? Stay sharp. Trade the chart, not the headlines.