{"content":"🚨 BREAKING: China Drops the Hammer on Crypto — Again. On May 31, 2025, China officially banned all cryptocurrency trading and mining, including giants like Bitcoin (BTC) and Ethereum (ETH). I broke it all down — from why they did it to what it means for your wallet. Here's the quick-hit version👇 🧵 📉 Market Fallout — Instant & Brutal Bitcoin nosedived from $111K to under $104K ETH, XRP, DOGE, PEPE — all took double-digit losses Total market cap plunged to $3.3T, wiping out hundreds of billions Over $750M in long positions liquidated ⚠️ Why the Ban? 1. Energy: BTC mining devours power — China’s cutting emissions 2. Control: Beijing sees crypto as a financial threat 3. Crackdown: Crypto = risk for illegal money flow 4. CBDC Push: China’s backing its own Digital Yuan — no room for rivals 🌍 Global Shockwaves Investors panic-selling across Asia Bitcoin hashrate temporarily dropped as miners unplugged Other nations may follow, tightening crypto regs Volatility spike — expect a wild ride ahead 💬 What Experts Are Saying Some say it’s a healthy correction. Others warn of slowed adoption in Asia. But decentralization maxis argue this just proves why crypto matters more than ever. 👉 This might be the most important crypto policy shift of 2025 so far. Full breakdown by yours truly — read the article now. #CryptoBan #Bitcoin ","images":[],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}