Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Cointelegraph
Published Sep 24, 2021 04:23PM ET
Updated Sep 25, 2021 06:20PM ET
The crypto market’s recovery was rocked on Sept. 24 after news that China's government is adopting a new set of measures that includes stronger inter-departmental coordination to “cut off payment channels, dispose of relevant websites and mobile applications” to crack down on illegal cryptocurrency transactions efficiently.
Although the news has caused a selloff, long-term investors are unlikely to be perturbed because, apart from announcing additional measures to enforce the existing ban effectively, there is nothing else that has changed.
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Written By: Cointelegraph
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