CCTV reported a prediction that bitcoin was beginning to “outshine” gold.
Speaking to Express.co.uk bitcoin pioneer Max Keiser said: When China enters the global Hash Race to secure as many bitcoin as possible the price will instantly trade in the 6-figures.
Speaking to Crypto News, bitcoin entrepreneur Marc van der Chijs said China s decision to publicise bitcoin was another sign of “a huge bull market .
If China opens up to bitcoin the price will surge (Image: GETTY)
He added that it was “too bad Chinese can only” trade bitcoin on over-the-counter platforms.
Currently, crypto exchanges are banned in China.