Bitcoin Still A Changed Market

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China has begun to loosen its grip on capital flows, but the measures the PBOC put in place to limit trading in Bitcoin are as potent as ever. Bitcoin volume was decimated after the Chinese government began to tighten regulations on exchanges. It has not recovered.
The Chinese yuan’s share of Bitcoin volume crashed as well. Once dominant with 99% of trading volume, the yuan’s share of the vastly diminished volume is under 20%.

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