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


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Bitcoin tumbles to a two-week low as China tightens crypto crackdown | International Business News London/New York/Tokyo: Bitcoin tumbled on Monday to a two-week low on China`s expanding crackdown on bitcoin mining, as investors grew more uncertain about the future of the leading cryptocurrency. Bitcoin fell as low as $31,333, a two-week trough, dragging down other cryptocurrencies. It was last down 10.7%, its largest daily percentage loss in a month. The world`s biggest cryptocurrency has lost more than 20% in the last six days alone and was at half its April peak of almost $65,000. Year to date, it remained...