Bitcoin, Ethereum, and other cryptocurrencies crashed on Friday after China announced a fierce clamp down on the market in its bid to fend off financial risks.
The world’s biggest cryptocurrency, Bitcoin, plunged by over 11% to $37,429, while Ethereum, the world’s second-largest cryptocurrency, crashed by over 13% to $2,552.
Dogecoin fell by as much as 15% to $0.34 during the trading session on Friday.
READ: U.S Treasury calls for businesses to report Crypto transfers from $10,000
The crash…
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