Bitcoin price slumps further as China tightens crackdown

an advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a tram in Hong Kong
China has tightened its crackdown on bitcoin and other cryptocurrencies. On Friday, authorities in Sichuan ordered bitcoin mining projects to close. Photograph: Kin Cheung/AP
China has tightened its crackdown on bitcoin and other cryptocurrencies. On Friday, authorities in Sichuan ordered bitcoin mining projects to close. Photograph: Kin Cheung/AP


source https://www.theguardian.com/technology/2021/jun/22/bitcoin-price-slumps-further-as-china-tightens-crackdown

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