Bitcoin, after struggling over the last week in the face of regulatory pressure and environmental concerns, has crashed under $40,000 per bitcoin.
The bitcoin price, which started May at almost $60,000, has dropped under the closely-watched $40,000 level after it emerged China was redoubling its crackdown on bitcoin and cryptocurrencies in the country.
Meanwhile, other major tokens ethereum, Binance’s BNB, cardano and the viral meme-based dogecoin also crashed back—dragging the…
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