"Further declines in cryptocurrency have brought the popular sentiment for bitcoin to its lowest point of the year so far. Traders are now showing serious panic, which is good news for contrarian investors as they know the market is moving against retail expectations," Santiment said in a post on X.
The reporter learned that recently, some people reported that some criminals issued false announcements in the name of the Digital Currency Research Institute of the People's Bank of China, claiming that "with the joint approval of the Ministry of Finance and the State Data Administration, the digital RMB platform will issue digital asset dividends for users who have received exclusive withdrawal channels" "will open the second batch of asset registration review and the subscription of green cha...