Trader: Bitcoin and cryptocurrency ownership is now legal in China under a ruling issued by the Chinese court a short while ago.

My opinion: Don't believe any news about China.. They are not..... issuing this essential news on the verge of $100,000

Let's not forget that they announced a ban on mining in 2017 and Bitcoin fell 40%

And they announced the closure and ban of all Bitcoin mining mines in 2021 and Bitcoin fell 30%

Any positive (real) news from China is supposed to drive the price crazy.. But what is happening is marketing and consumption and the Arabs flew with the news.