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24 November 2020

China state TV once again shills Bitcoin to millions upon rally to $18,000 | CryptoSlate

China state TV once again shills Bitcoin to millions upon rally to $18,000 | CryptoSlate


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It is unclear if other cryptocurrencies that Bitcoin were mentioned in this latest television segment, but many see this as a sign that retail investors will eventually enter the space, driving the market to new local and potentially all-time highs.

Earlier this week, users around the world reported that the cryptocurrency was trending on Twitter where they were, with media coverage on the matter picking up dramatically in many Western countries

David Puell, an on-chain analyst, noted that Mexican billionaire Ricardo Salinas Pliego recently tweeted that he put 10 percent of his liquid investment assets into Bitcoin due to his belief that the coin is a hedge against encroachment by governments:

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