Will the Chinese New Year crypto effect take hold again this year?
Chinese New Year is on February 16th this year and the crypto market is holding its breath until the date passes. Why? In the past, Chinese New Year has caused crypto prices to plummet.
Asian countries (China in particular), account for a huge portion of crypto trading. This becomes pretty evident when news breaks about some regulation or another regarding cryptocurrencies in those countries, and the crypto markets crash as a result. This occurred not too long ago when fears spread that …
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