Bitcoin Drops Below $30,000 With Expansion Of Chinese Crackdown On Crypto


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Bitcoin Drops Below $30,000 With Expansion Of Chinese Crackdown On Crypto 06/22/2021 Following a deeper and expanded crackdown on cryptocurrencies by China’s central bank, the value of bitcoin dropped below $30,000 for the first time since January.  Bitcoin, the largest cryptocurrency of the world slumped to $29,332 which was the lowest for the value since January 27 as the drop offset the gains made earlier in Asia by the cryptocurrency. This drop also resulted in fall in prices of smaller cryptocurrencies such as ether.  With a drop of more than 10 per cent on Monday, marking the largest...