Bitcoin plummets as China steps up crackdown on crypto miners


Source: rt.com rt.com

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The cryptocurrency was trading at $32,628 as of 6:44am GMT, marking a decline of more than 8.4%, while other major cryptos were also trading in the red on Monday. Bitcoin has recently been trading around 50% below its record high of nearly $65,000 reached in mid-April. Ether dropped over 10% to $2,009 per token, dogecoin fell by 9.83% to nearly $0.26. The market value of all cryptocurrencies is currently about $1.4 trillion compared to a high of around $2.6 trillion recorded in May. Also on rt.com Miami offers its clean nuclear power to bitcoin miners as it aims to become...