Bitcoin price: What the crypto’s value is today after China crackdown sparks dramatic market crash


Source: inews.co.uk inews.co.uk

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Bitcoin has recovered slightly after falling below $35,000 (£25,000) for the first time since February . The world’s largest cryptocurrency is currently hovering about $40,000 (£28,000), still well down on highs of $63,000 (£45,000) seen last month. The crash came after Chinese regulators stepped up efforts to crack down on financial institutions offering crypto services. Get financial advice and industry news, to you help manage your money Bitcoin had already fallen last week after Elon Musk announced Tesla would no longer accept payments in the cryptocurrency, due to environmental concerns. What does the Chinese crackdown mean? In a joint statement...