The world's most popular cryptocurrency Bitcoin has now spent more than a week building back as supportive comments from Elon Musk and Cathie Wood helped bump it out of a declining trend.
Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon’s potential involvement in the cryptocurrency sector.
Answering Beijing's call, China's main cryptocurrency mining hubs, including Inner Mongolia, Xinjiang, Yunnan, and Sichuan, have all published detailed measures to root out the business.
