Bitcoin is popular again due to the poor stock market, rising 6.5% in one day

     Bitcoin, which has been missing for a long time, has recently become popular again due to the poor stock market. Yesterday, the price of Bitcoin rose again, rising by 1.2% within an hour in the early trading, and the price rose by more than 6% throughout the day.

     While the CSI 300 dropped 5% and triggered the circuit breaker again, the price of Bitcoin continued to rise. Huobi.com data showed that the price of Bitcoin was RMB 2,812.92 at 9:45. As of press time, the price of Bitcoin was RMB 2,996.93, an increase of 6.5%.

     "Today's bitcoin price increase is really good. It was flat before, but today it increased so much." Xiaomei, a post-90s bitcoin enthusiast, was overjoyed when she saw the trend of bitcoin yesterday. After the central bank issued a document on bitcoin risk warning in December 2013, although there was no explicit ban on bitcoin trading in China , the price of bitcoin dropped sharply from more than 10,000 yuan to around 2,000 yuan, and the price of bitcoin has fluctuated little since then.

     "In the past 30 days, more than 5,000 new registered users only bought Bitcoin but did not trade." Du Jun, co-founder of China's Bitcoin trading platform Huobi, said that recently more and more new users have registered to buy Bitcoin.