Price Of Bitcoin, Bitcoin Stocks Slide As China Crackdown Continues


Source: nativenewspost.com nativenewspost.com

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The price of Bitcoin and other [Bitcoin stocks](//www.investors.com/news/best-bitcoin-stocks-cryptocurrency-plays-to-buy-and-watch/) slid on Tuesday, amid reports of a widening crackdown in China and reservations from Twitter ( [TWTR](//research.investors.com/quote.aspx?symbol=TWTR) ) about investing in the volatile cryptocurrency. X The drop in Bitcoin’s price also arrives a day after President Biden signed a large infrastructure bill containing a provision intended to strengthen tax reporting requirements on cryptocurrency transactions. However, just days after [VanEck’s spot Bitcoin ETF was rejected by the SEC](//www.investors.com/news/sec-rejects-vaneck-spot-bitcoin-etf-bitcoin-stocks-down/) , the investment firm said Tuesday its VanEck Bitcoin Strategy ETF, another Bitcoin futures ETF, had begun trading on CBOE under the ticker XBTF. The...