Bitcoin (BTC) Reacting from $9,500, Will Hangzhou Internet Court Ruling Trigger Demand?

Bitcoin (BTC) steady below $10,000
Hangzhou Internet Court recognizes Bitcoin as propertyChina may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date.
Bitcoin Price Analysis
Fundamentals
Chinese policies are against the proliferation of digital currencies. Nonetheless, that is not to say the country is not inst