China Crypto Clampdown Sends Bitcoin Closer to Key $30,000 Level


Source: themalaysianreserve.com themalaysianreserve.com

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China Crypto Clampdown Sends Bitcoin Closer to Key $30,000 Level China Crypto Clampdown Sends Bitcoin Closer to Key $30,000 Level Tuesday, June 22nd, 2021 at World by BLOOMBERG China’s intensifying cryptocurrency crackdown has left Bitcoin flirting with $30,000, a price level seen as key to the short-term outlook for the largest virtual currency. Bitcoin fell as much as 4.3% Tuesday to $31,171, and for some a breach of $30,000 would hurt sentiment and raise the risk of a steeper selloff. It was trading at $32,850 as of 8 a.m. in London. “We’re most likely going to continue to trade within...