Bitcoin ends week in freefall as China warns of crypto crackdown | Automotive Industry News

Bitcoin ends week in freefall as China warns of crypto crackdown | Automotive Industry News

The largest digital currency fell as much as 10 percent in late Friday trading, reaching as low as $35,636, with other tokens also posting double-digit losses.

Bitcoin is heading into the weekend in freefall again after a fresh warning from Chinese officials over cracking down on cryptocurrencies.

The largest digital currency fell as much as 10% in late Friday trading to as low as $35,636, and peer tokens also posted double-digit losses. The coin almost hit $30,000 earlier in the week, after…


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