Bitcoin Trending Lower on China Crackdown; Support at $36K-$40K — CoinDesk

Bitcoin (BTC) sellers were active during Asia hours after China’s central bank declared cryptocurrency related business illegal. BTC slipped below $42,000 and is down about 3% over the past 24 hours. Initial support is seen at $40,000, which could stabilize the pullback.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *