Bitcoin Plunges More Than 11% After China Bans Cryptocurrency Mining


Source: papernewsnetwork.com papernewsnetwork.com

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Bitcoin’s slump continues now that the Chinese government has shut down cryptocurrency mining facilities, wiping out about 90% of mining capacity in the country. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. June 21, 2021 2 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Last week, it was announced that the Chinese government would implement a ban against cryptocurrency mining, which was extended this weekend. The Chinese authorities ordered the closure of the facilities...