Beginning from May, 2021, China has adopted policies to crush Bitcoin mining in the country. Latest report in Coindesk, a reputable crypto currency medium, says "Three more provinces in China – Henan, Gansu and Anhui – have ordered a halt to crypto mining amid a nationwide crackdown on the industry". This has affected the prices of cryptocurrencies adversely, leading to sell offs and pushing down prices.
One thing is clear, Bitcoin and other cryptocurrencies will not be grounded nor will they disappear during or after the FUD (Fear, Uncertainty and Doubts). If anything, the cryptos will become stronger.
