Price of bitcoin, ethereum, dogecoin, XRP surges after $1 trillion wiped from market – NEWS.com.au

The price of bitcoin and other cryptos have come roaring back after they plummeted last week following comments from Elon Musk and Chinese regulators.The price took a major hit when Mr Musk announced Tesla would no longer accept bitcoin as payment due to concerns about the environmental impact of bitcoin “mining”.
China’s powerful State Council also sent investors scurrying with a statement issued late on May 21, saying more regulation was needed to protect China’s financial system from crypto trading…

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