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Ethereum and other altcoins prices also surged. (kryptomoney.com)
The Bitcoin price, as well as other altcoin prices, have dipped in reaction to this news, however, we saw a similar dip in price in January 2017 when the People's Bank of China swooped on Bitcoin Exchanges and imposed regulation — At this time, Bitcoin was around $ 1000 — fast forward to now, the Bitcoin price is over $ 4000, a significant growth in value. (bit-media.org)