News Snapshot:
© Reuters. Bitcoin Tumbles as China Escalates Crypto Mining Crackdown price dropped due to China expanding its crackdown on crypto mining. Other cryptos like Ether, , and Dogecoin also traded low on Monday. More than 90% of Chinaâs bitcoin mining capacity is currently shut down The price of Bitcoin dropped Monday on recent reports that China has expanded its crackdown on the mining of cryptos. Following this, Bitcoin traded as much as 9% lower Monday morning before recovering slightly. BTC was last trading at about $32,300 per coin as of 7 AM ET, according to CoinGecko. Other cryptos, including Ether,...
