BTC price plummets 10% on word from China
Today, at the Boao Forum for Asia 2014, the President of the Central Bank of China, Zhou Xiaochuan, announced: “Bitcoin is more like tradable assets rather than payment currency, the issue of PBOC banning it or not doesn't ever exist.”
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Today, at the Boao Forum for Asia 2014, the President of the Central Bank of China, Zhou Xiaochuan, announced: “Bitcoin is more like tradable assets rather than payment currency, the issue of PBOC banning it or not doesn't ever exist.”
The BTC price shot up by 20 % immediately after the news.
