First, Elon Musk and Tesla refusing the acceptance of Bitcoin as a mean of payment and now we have the ban from the Chinese Central Bank to make transactions with cryptocurrencies.
All these variables have impacted on cryptos immediately. The fall, starting with Bitcoin is up to more than 20% and to 50% in other cryptos.
But the question is if this accelerated fall would stop in the near future or not and if cryptos would be the same after those situations listed above?
What are you doing with your cryptos? Are you buying or selling?
It is the whole crypto world just a bubble?
We will find out in the coming days.