Chinas renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides – CNBC

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Home » Chinas renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides – CNBC Chinas renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides – CNBC by June 22, 2021 China’s renewed crackdown on the cryptocurrency industry has wiped off nearly $300 billion in value from the total digital currency market since Friday, when a major bitcoin mining hub ordered miners to shut down operations. Bitcoin was down around 6.6% at $32,735.71 at around 10:47 p.m. ET, coming off its 24-hour low of $31,179.05, according to CoinDesk data. Over the past few...