Bitcoin and Ethereum Sink as China Intensifies Crackdown on Cryptocurrencies (china fud bitcoin )

Bitcoin and Ethereum Sink as China Intensifies Crackdown on Cryptocurrencies (china fud bitcoin )

On Friday, bitcoin and ethereum fell into the red amid concerns over China’s economy. According to Coin Metrics data, bitcoin’s price fell 6% to $42,081. Ethereum, the second-largest digital currency, dropped 10% to $2,834. The People’s Bank of China has just said that all crypto-related activities are banned. The PBOC has stated that services offering […]

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