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Ethereum, bitcoin, dogecoin price: China crackdown sends cryptos into the red – NEWS.com.au
Ethereum, bitcoin, dogecoin price: China crackdown sends cryptos into the red
The bloodbath which has seen bitcoin drop 37% in value in just two weeks is spreading to other cryptocurrencies.Bitcoin has seen a calamitous drop in price since the record high of (AUD) $81,961.56 on April 15 this year.
At 8am AEST today it was selling for $49,327.95.
The drop comes after Elon Musk announced Tesla would cease accepting bitcoin as payment for vehicles and other tech products due to environmental concerns.
A renewed crackdown on crypto by China has also sent jitters through the market.
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