Why China may be the ‘reason’ crypto currencies are in a slump

As per a report by Reuters, China has been making an attempt to crackdown on the crypto industry. And it seems like it has finally made an impact. The fear of a Chinese crackdown may have led to fear in the market, which is why it has gone in a slump like situation.

Why China may be the ‘reason’ crypto currencies are in a slump
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As per a report by Reuters, China has been making an attempt to crackdown on the crypto industry. And it seems like it has finally made an impact. The fear of a Chinese crackdown may have led to fear in the market, which is why it has gone in a slump like situation.