China’s CCTV1, a state-backed social media, ran another story on crypto assets, featuring a 60-minutes exposition with President Xi. But this time, the message was not as enthusiastic as in the past. China’s Effect on BTC Still Chaotic China’s stance on Bitcoin (BTC) and crypto, in general, sparked a rally in prices, as well as igniting a mini-altcoin season. Previous comments on the country warming up to crypto lifted BTC as much as 42% to

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