Bitcoin down 6% after China cryptocurrency crackdown

By: AFP      Published: 11:48 PM, 24 Sep, 2021
Bitcoin down 6% after China cryptocurrency crackdown

Bitcoin extended losses Friday after China's latest crackdown on cryptocurrencies. 

Bitcoin, which had already been falling before the announcement, dropped as much as 6.0 percent in value before trimming losses to stand at $42,256, down 5.5 percent.