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China crackdown: Is crypto in trouble? – Yahoo Finance Australia

China’s crypto crackdown has entered a new phase but believers have #BuyTheDip trending on Twitter. What’s going on?

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The price of bitcoin plunged overnight after China’s crackdown intensified (Source: Getty)
Chinas crackdown on bitcoin mining operations came into effect overnight and it sent the price of crypto crashing.
Bitcoin is hovering around the $41,200 (US$31,000)…

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