News Snapshot:
Bitcoin death cross, Chinese bans send cryptos tumbling Andrei Chirileasa 07:28, Bitcoin death cross, Chinese bans send cryptos tumbling Share Article The cryptocurrency market took another plunge at the beginning of this week after China ramped up its crackdown on crypto trading and mining. The move led to a death cross on bitcoin’s price chart, suggesting the start of a prolonged bear market for the world’s leading crypto asset. The crackdown had less effect on bitcoin than on other cryptocurrencies, however. Its price briefly dipped under the $32,000 level on Monday afternoon (12:30 UTC+1) before bouncing back to over $32,000....
