Most analysts believe the recent cryptocurrency crash was caused by actions and decisions made in China. These decisions include the banning of mining and transacting in cryptocurrencies. During the crash, crypto markets lost about $ 1 trillion valuations. Key cryptocurrencies like Bitcoin lost half their value in a few days. This reaction indicates the potential power china holds over the cryptocurrency industry. China has always been a critical player in this market. It is just that most people are realizing now after the recent decisions. An example is Bitcoin mining. Last year, 70% of all bitcoin mining globally was done in China. This just shows the level of control China…