crypto is going up because there's a run on banks in China

Banks are shutting doors, there are days long lines on banks that are still open, and ones that haven't shut their doors on purpose have simply ran out of money.

Idk what the future holds for world economies but obviously all the virus panic didn't help. There's a collapse in real estate in China, and people realize this. The only thing is, they aren't allowed to bring the money out of the country like we can. So they are buying up anything of value to preserve their money.

Even though BTC is illegal there, people are finding ways to buy it.