A report recently released by the Industrial and Commercial Bank of China called Bitcoin "digital gold" and Ethereum "digital oil."

Such a statement surprised many people. After all, China's attitude towards cryptocurrencies in the past was more inclined to warn of risks, and even often described Bitcoin as a "Ponzi scheme."

If China really starts to accept Bitcoin, it may indicate that the regulatory attitude towards cryptocurrencies around the world is changing. In this round of bull market, the goal of Bitcoin breaking through $100,000 does not seem far away.

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