BREAKING News Today: China Fully Bans Crypto – Full Shutdown
兰亭-阿萍
Updated at: 3 days ago
{"content":"BREAKING News Today: China Fully Bans Crypto – Full Shutdown Effective Recently.
🔍 Key Announcements:
Crypto trading and mining banned immediately
Private holdings/wallet storage also banned
Controversially closed exchanges, froze wallets, and strengthened vigilance over citizens’ assets held abroad
📉 Initial market reaction:
Bitcoin ($BTC ) price drops from $111K to below $104K. [click here ($BTC ) and analysis the btc market.)]
Ethereum ($ETH ) and other major altcoins fall 5-12%
Liquidations worth millions of US dollars with total market cap support (over $350-750 million in long positions liquidated).#CryptoBan #ChinaCrypto #ChinaCrackdown ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/03/226fed02162c470fb5320ea244378e0b.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}