# Chinese Traders Continue Investments in Bitcoin With a Huge Premium 



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>Despite the Chinese government’s crackdown on initial coin offerings (ICOs) and cryptocurrency exchanges, local traders have invested in Bitcoin with a huge premium during its recent rally.As Cryptocoinsnews previously reported, the Bitcoin price achieved a new all-time high at $5,920 last week, moving closer to the $6,000 



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https://www.cryptocoinsnews.com/why-traders-in-china-have-invested-in-bitcoin-with-a-huge-premium/