Bitcoin under attack: China attempts to destroy mining but cryptocurrency bounces back City & Business Finance


Source: express.co.uk express.co.uk

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Bitcoin: Cryptocurrecy surges against GBP The price of the world's preeminent cryptocurrency surged today by over $6,000 (£4,245). This renewed bullish sentiment is being encouraged by Elon Musk's latest tweets promoting cryptocurrencies and his suggestion Tesla would be holding their bitcoin balance with "diamond hands". Mr Musk also said, in the battle between fiat currencies like the dollar and the pound and cryptocurrencies, "he prefers that latter". Related articles Etheruem price crash: What is happening to it, why is it crashing? Cryptocurrency prices UK: What is going on with the crypto market? CEO of Microstrategy Michael Saylor said: "A crackdown...