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With 1 New Tailwind Already Blowing, 1 Huge New Catalyst Could Be Coming for Bitcoin Soon

With Bitcoin (CRYPTO: BTC) looking as if it's regaining momentum, there's reason to believe there's a new tailwind helping it along, as well as potential catalysts on the horizon. Let's take a look at both of those factors because they're both related to China and its Bitcoin policies. Despite it being illegal to mine and trade Bitcoin in China since 2021, 21.1% of the world's Bitcoin is produced in the country.