On 27th September, crypto assets began recovering in prices after a severe dip over the weekend. China’s news on banning crypto was the main reason for the recent dip. But investors are now moving past the news. There is also increasing regulatory pressure, but the crypto enthusiasts’ confidence seems to be increasing. Cryptocurrencies Recovering On Friday 24th, news broke that China’s PBOC had declared all cryptocurrency transactions illegal. The news on crypto banning in China sparked out a series of price plunges in the crypto market. Bitcoin lost around $2k in price on Friday, dropping to around $42k. The second-largest…