- China needs to "seize the opportunity" of blockchain technology, said President Xi over the weekend.
- "We must take the blockchain as an important breakthrough for independent innovation of core technologies."
- Those comments are seemingly behind Bitcoin (BTC-USD) spiking to over $10K from around $7.5K Friday afternoon. Bitcoin's currently sitting at about $9.5K.
Massive surge for Bitcoin after Xi's comments
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| Symbol | Last Price | % Chg |
|---|---|---|
| BTC-USD | - | - |
| Bitcoin USD | ||