Bitcoin down 6% after China cryptocurrency crackdown

Posted by Edrian Acla on September 24, 2021

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LONDON, United Kingdom (AFP) — Bitcoin extended losses Friday after China’s latest crackdown on cryptocurrencies.

Bitcoin, which had already been falling before the announcement, dropped as much as 6.0 percent in value before trimming losses to stand at $42,256, down 5.5 percent.

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