News Snapshot:
The bloodbath which has seen bitcoin drop 37% in value in just two weeks is spreading to other cryptocurrencies.Bitcoin has seen a calamitous drop in price since the record high of (AUD) $81,961.56 on April 15 this year. At 8am AEST today it was selling for $49,327.95. The drop comes after Elon Musk announced Tesla would cease accepting bitcoin as payment for vehicles and other tech products due to environmental concerns. A renewed crackdown on crypto by China has also sent jitters through the market.…
