With 1 New Tailwind Already Blowing, 1 Huge New Catalyst Could Be Coming for Bitcoin Soon

With Bitcoin (CRYPTO: BTC) looking as if it's regaining momentum, there's reason to believe there's a new tailwind helping it along, as well as potential catalysts on the horizon.Let's take a look at both of those factors because they're both related to China and its Bitcoin policies.Despite it being illegal to mine and trade Bitcoin in China since 2021, 21.1% of the world's Bitcoin is produced in the country. That means whatever Bitcoin-related policies China pursues are going to have a big impact on the coin's price, as well as on its prominence in the future. And there's reason to believe that the country's position on the coin is slowly changing in a way that's favorable for holders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool