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China Exchange Ban Rumors Pull Ethereum, Bitcoin and Following Altcoins to Crash up to 20% of Loss

In a couple of minutes/hours following the rumors of China GOV banning exchanges, virtual assets have declined for up to 25 percent in price against the US Dollar. Noted out and commented on links directing to local media outlet Caixin, that legislation and regulatory are targeting crypto-exchanges to be shutdown following the ICO ban earlier this week. Source: Coinmarketcap Obviously…
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