Crypto News

Expert: Breakthrough bitcoin could be a result of increased Chinese investors

Bitcoin could rise sharply as a result of increased investment from Chinese investors. They could become more active after Chinese President XI Jinping said that China should become the center of development of the global blockchain industry.

So says the expert and supporter of cryptosphere van Dowie, who posted a series of relevant tweets.

We will remind, the head of China recently said that education now will focus on training in decentralized technologies, and the state will create the conditions comfortable for investors willing to Finance the work of blockchain-related startups.

Dowie Wang believes that Asian, and particularly Chinese investors have apprehended the statement of XI Jinping as a call to action and began to buy cryptocurrency.

Proof of the growing influence of China in the blockchain-the field is the fact that Hasrat bitcoin continues to grow. At the moment the largest share of computing power used for mining BTC, now it is necessary as once the Chinese mining pools.


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