China Bans ICOs - Move causes $200 decline in Bitcoin Prices!!

Immediately after China announced Ban on Initial Coin Offerings, Bitcoin Price fell from $4584 to $4350. Altcoins also faced similar Downtrends.

However as per Sources, the move will not have long-lasting effect on Cryptocurrency. Instead, such Regulators intend to improve the Quality of ICOs.

https://www.cnbc.com/2017/09/04/bitcoin-digital-currency-price-falls-on-china-ico-ban.html

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