Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown


Source: justandroid.net justandroid.net

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Share on Facebook Share on Twitter Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world’s largest token to a two-week low. Bitcoin was last up 3.17 percent at $32,600 (roughly Rs. 24,16,000), having dropped more than 10 percent on Monday. As of June 22 (11:16am IST), Bitcoin price in India stood at Rs. 24.44 lakhs. Ether , the second-biggest cryptocurrency , was up 3.54 percent at $1,950 (roughly Rs. 1,44,500) after hitting a five-week low the day before. As of...