Bitcoin sees another daily crash of 10% as China vows to clamp down on mining & trading

As Chinese financial regulators

As Chinese financial regulators go all out after bitcoin miners and traders, the world’s number one cryptocurrency touched another low for the current month, with the price of the token slipping below $35,000.

Bitcoin was trading at $36,818 at 07:44 GMT, marking a day-on-day drop of nearly eight percent. The fall comes after a week of extreme volatility, with the price of the most-valued virtual currency making wild swings above and below the $40,000 mark.

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