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Bitcoin, Ethereum plunge as China restricts cryptocurrency transactions

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Bitcoin, Ethereum plunge as China restricts cryptocurrency transactions

timestampMay 19, 2021 authorAlShorts Web Desk

Bitcoin fell below USD40,000 after China announced further restrictions on cryptocurrency transactions. The most popular crypto in the world, saw its price dip to as low as USD38,552. Ethereum also faced the brunt of China's announcement and Tesla CEO Elon Musk's tweets as its price fell to USD2,858. Bitcoin and Etheruem are now trading at USD40,150 and USD2,955, respectively.

Latest News

Anonymous hacks more than 300 Russian official websites

Biden pushes for co-ordinated approach to crypto oversight

Covid-19 pandemic is not over, warn experts

US man who got first pig heart transplant dies two months later

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