Bitcoin regains ground after China crackdown


Source: pmnewsnigeria.com pmnewsnigeria.com

Key Topics in this News Article:

News Snapshot:

Bitcoin regains ground after China crackdown 8:43 am | Business | 0 Comment(s) Bitcoin regains some ground Agency Reports Bitcoin regained some ground on Tuesday, a day after touching a two-week low after China’s central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents. The world’s largest crypto currency was last up 4.58% at $33,000, having dropped more than 10% on Monday. Ether , the second-biggest crypto currency, was up 5.05% at $1,983 after hitting a five-week low the day before. Monday’s sell-off was sparked by an announcement from the Peoples Bank of China saying it...