Explained: Why did the Bitcoin cryptocurrency market crash, and what lies ahead?

Bitcoin cryptocurrency market crash

The cryptocurrency market Wednesday saw a big correction with rates of major money, consisting of Bitcoin, Ethereum, BNB and also others collapsing as high as 30% within 1 day. This came in the background of Chinese regulatory authorities Tuesday announcing a crackdown on cryptocurrencies. What has China announced? China has actually disallowed financial institutions and … Read more