Bitcoin keeps falling as China ramps up the pressure on cryptos even more Crossroads Today


Source: crossroadstoday.com crossroadstoday.com

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by CNN Originally Published: 22 JUN 21 00:42 ET Updated: 22 JUN 21 01:00 ET By Laura He, CNN Business (CNN) — Bitcoin tanked after China called in a bunch of major commercial lenders — including payments juggernaut Alipay — to warn them about getting into cryptocurrency . Bitcoin plunged 10% to as low as $31,179 per coin, the lowest level since January, according to Coindesk . It recovered a little bit and was last trading down 5% at around $33,000 per coin, a two-week low. But that’s still a drop of 50% from an all-time high in April. Other...