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.”
COINTELEGRAPH IN YOUR SOCIAL FEED
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.
