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Bitcoin purchases from China are growing

News Snapshot:

While in 2021 there was a heavy sell off by the Asian markets towards cryptocurrencies, in the last days of the year it seems that China’s investors are slowly returning to buying Bitcoin and cryptocurrencies. Sell off finished On Monday and last Tuesday, there was a great movement by large Asian investors towards digital assets that pushed the market upwards and allowed Bitcoin prices to again exceed $ 49,000. According to experts this could mean that the sell off following the Chinese authorities’ decision to ban cryptocurrencies, it would come to an end. Hong Kong-based cryptocurrency lender Babel wrote in…

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