Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.
It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
Yes, of course succeed with the current price reduction, and is a successful manipulation if this news is true, the problem is too much news about similar things circulating in society so we do not know which news we can trust.
It is a time of fakeness. Everyone wants to deceive other people. You can’t believe in any strange person who even wants to help you. Reason is our media is totally inputting a wrong picture of society where everyone is ready to kill other Peron. So is happening with bitcoins too. Someone is trying to demolish the good picture of bitcoins in population by creating such imitated news on internet.