The FX PostThe FX Post
    What's Hot

    Cold, hard truth: Alaskans lose $26M to Internet crime

    May 14, 2025

    New gas processing plant will be a game-changer for Ghana – Finance Minister – Ghanamma.com

    May 14, 2025

    South Korean Central Bank Wades into Politicians Stablecoin Row

    May 13, 2025
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » Investors Used China’s Ban as a Buying Opportunity as Bitcoin Attracted $50.2M Inflows
    Crypto News

    Investors Used China’s Ban as a Buying Opportunity as Bitcoin Attracted $50.2M Inflows

    September 28, 20211 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    China flag and cryptocurrency growing trend with many golden bitcoins. Concept of raising Bitcoin in price or high conversion in cryptocurrency mining
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    Investment in bitcoin soared to its highest level in four months in the week ending on September 24 after China announced a ban on trading and mining of cryptocurrencies.

    • Investment assets backed by bitcoin attracted the most investment, with inflows of $50.2 million over the week closing September 24, the most since the week of April 19.
    • There was a $28.9 million value of inflows for ether assets, the most since June 7. Solana-related assets posted inflows valued at $3.9 million, and Cardano products posted inflows of $2.6 million.
    • These crypto inflows continued despite China’s total ban on all crypto-related activities on the Mainland on Friday that led to a steep decline in crypto prices.
    • Bitcoin dropped nearly 6% to less than $42,000, and Ether plunged nearly 8% to average around $2,800 before gradually recovering in the days following.

    In the last month, Bitcoin has recorded $100.9 million worth of crypto inflows, Solana has posted a $59.8 million value of inflows. Ether assets have expanded by $35.1 million, with the majority coming in last week.

    BTC USD down -0.61%, ETH USD down -0.05%, SOL USD down -0.92%Source: Markets Insider

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    bitcoin China crypto Cryptocurrency
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    Bitcoin Price Hits $65,100

    March 4, 2024

    China EV Market Report

    March 1, 2024

    Cryptocurrency Market Overview

    February 27, 2024

    Ether Outperforms Bitcoin

    February 21, 2024
    Add A Comment

    Leave A Reply Cancel Reply

    27  +    =  33

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • Cold, hard truth: Alaskans lose $26M to Internet crime
    • New gas processing plant will be a game-changer for Ghana – Finance Minister – Ghanamma.com
    • South Korean Central Bank Wades into Politicians Stablecoin Row
    • Drilling Commences at Leonora South
    • Trump Media & Technology Group: Trump Media Reports First Quarter 2025 Results
    Featured Reviews

    Traders Connect Review

    May 18, 2023

    System Levels Review

    May 26, 2023
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Crypto Robot
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2025, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.