Bitcoin tumbles to a two-week low as China tightens crypto crackdown

London/New York/Tokyo: Bitcoin tumbled on Monday to a two-week low on China`s increasing crackdown on bitcoin mining, as traders grew extra unsure about the way forward for the main cryptocurrency. Bitcoin fell as low as $31,333, a two-week trough, dragging down different cryptocurrencies. It was final down 10.7%, its largest every day share loss in a month. The world`s largest cryptocurrency has misplaced greater than 20% within the final six days alone and was at half its April peak of virtually $65,000. Year to date, it remained up about 11%. Some bitcoin traders had been involved additional losses could possibly…