China persists as Bitcoin mining giant despite crypto ban – CryptoQuantDespite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share.Happy Tuesday!The global crypto market cap is $2.22 trillion, with a 24-hour volume of $69.72 billion. The price of Bitcoin is $63,239.76, and BTC market dominance is 56.3%. The price of Ethereum is $2,617.62, and ETH market dominance is 14.2%. The best-performing sector is eCommerce, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (54). 📰 Top NewsChina persists as Bitcoin mining giant despite crypto ban – CryptoQuantDespite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share. Telegram to share IP addresses, phone numbers with authorities after policy shiftTelegram's new policy aims to address criticism from authorities over unresponsiveness in criminal cases. Bitcoin could continue to consolidate under $65,200 in the near term – BitfinexThe recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume. 📈 Latest Insights
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China persists as Bitcoin mining giant despite crypto ban – CryptoQuant