News Snapshot:
LONDON/HONG KONG (Reuters) - Bitcoin on Tuesday fell below $30,000 for the first time since January, adding to losses sparked a day earlier when China's central bank deepened a crackdown on cryptocurrencies. The world's largest cryptocurrency slumped over 7% to $29,332, its lowest since Jan. 27, after giving up gains made in Asian hours. Its fall pushed down smaller coins such as ether. Bitcoin tumbled over 10% on Monday, its largest one-day drop in over a month, with losses of nearly 30% in the last week alone almost wiping out gains for the year-to-date. It was last down 6.7% at...
