Bitcoin keeps falling as China ramps up the pressure on cryptos even more
CNN
Bitcoin tanked after China called in a bunch of major commercial lenders — including payments juggernaut Alipay — to warn them about getting into cryptocurrency.
Bitcoin plunged 10% to as low as $31,179 per coin, the lowest level since January, according to Coindesk. It recovered a little bit and was last trading down 5% at around $33,000 per coin, a two-week low. But that's still a drop of 50% from an all-time high in April. Other cryptos also plummeted: Ethereum lost 8%, while Dogecoin dived 20%, erasing all of its gains since April.
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