News Snapshot:
Bitcoin price drops to $ 40,000 … and China continues to crack down on cryptocurrencies May 19, 2021 by archyde Hong Kong (CNN) – The value of Bitcoin and other cryptocurrencies has plummeted as market anxiety grows as China takes further steps to crack down on digital currencies. The world’s most traded cryptocurrency fell by 10%, Wednesday, to trade at $ 40,728 per currency, according to “Kuindisk”, a news and information site specializing in crypto assets. This is the lowest level for Bitcoin since February. It also represents a 36% decline since it hit a record $ 63,347 in April....
