The U.S. ordered the expulsion of a cryptocurrency mine with Chinese capital

Well, the price action remains in a sideways range, which leaves some concerns for bullish traders, who after the Halving have not seen any sign of continuity of bullish projection, however in the bearish tarders there is doubt whether the price is in an accumulation zone, or if in fact it is already culminating with the distribution phase.

The truth is that beyond the behavior of the Bitcoin price action, events continue to develop that in some way shake the market, for example, recently from the U.S. was ordered the expulsion of a cryptocurrency mine with Chinese capital.

According to information disclosed in the news portal "Infobae", "The President of the United States, Joe Biden, ordered on Monday the expulsion of a cryptocurrency mine with Chinese capital behind a plot of land located near a military base of the Air Force in the state of Wyoming".

It has been indicated that, "the U.S. Government is giving MineOne Partners Limited 120 days to sell the property, acquired in 2022 and located one mile from Warren Air Force Base in the town of Cheyenne. Also to dismantle the operation."

Importantly, "According to an investigation by The New York Times, cryptocurrency mines owned by Chinese investors operate in the United States in at least a dozen states, using the same combined energy as 1.5 million homes"

Infobae. U.S. expels a Chinese cryptocurrency mine from a plot of land near a military base. Link

The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Finance.Yahoo