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Despite headlines from WSJ of "the most draconian measures ever" against Bitcoin, the cryptocurrency is trading up over $1100 from its post-China-"ban" lows and has topped $4100 once again this morning as the world slowly wakes up to the nonsense that shutting down a completely decentralized system is possible, and the fact that China has long-since lost any standing as a major trading hub in the cyrpto world.
Bitcoin just topped $4100 (up over $1100 from the lows last week)...
Ether is up 50% from last week's lows - just topping $300 again...
And all cryptos are strongly bid today...
And here's one simple chart to explain why "shutting China's Bitcoin exchanges" is not really that big a deal..