News > Bitcoin heading to zero, China warns investors

Bitcoin heading to zero, China warns investors

Orissa Post | 26/06/2022 11:19 AM | Click to read full article

As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. 

“Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high,” the newspaper said.