Crypto Twitter members explain why today’s news from China may be a big “nothing-burger” Today, on Sept. 24, 2021, the People’s Bank of China announced that all cryptocurrency transactions in China are illegal. Bitcoin (BTC) immediately dropped from $45,200 to $40,500 on major spot platforms, but Crypto Twitter writers are treating this panic with a grain of salt. You may have seen this before First of all, some experts on the Asian market warned that this document may not be new at all. Mo “Molly” Li, head of marketing at HashKey Hub and former Bitcoin Magazine expert, is certain that…