china national blockchain is going to bring huge changes to the world

From the recent fight for the dominancy of the bitcoin and ethereum The market is really doing a magical movement and the price of the market is going up.
In this very good upward trend the ripple is not going to the great moment this is not a good sign for this coin it is very bearish always, Not seen a good move from this coin so far from the last bull.

The BSN will catalyze the globalized digital economies of the future through new modes of collaboration and cooperation that are core to the blockchain ethos

From the last time when the Bitcoin reached a certain level of the high resistance area which was around 730$ but it failed to break this level and this time when the market is really good and the pumping is hard on the crypto side, the market position is looking strong.
The discussion about the halving on twitter is badly affected by the coronavirus the post about COVID-19 is way more than the Bitcoin halving.

This week, China will officially launch a major new blockchain initiative called the Blockchain-based Services Network (BSN). The BSN is a critical part of China's national blockchain strategy that was announced by President Xi in late November 2019, but went largely under the radar as the simultaneous announcement of China’s digital RMB currency, called the DCEP, swept the world by storm. Only recently has the Western media recognized the significance of the BSN, which sees its mainland commercial launch on April 25. The portal’s global commercial launch is scheduled for June 25.

This will bring a global investment to the crypto world and the bitcoin dominance will be increased so much this is possible lead the bitcoin price to a high level, the Chinese Central Govt Finally believe that the future of the work is blockchain and they are trying to lead it to a next level That’s why they are trying to build a new infrastructure

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