8 Bitcoin Miners Hammered by China Ban on Cryptocurrencies

China’s central bank, the People’s Bank of China (PBOC), on Friday banned all cryptocurrency transactions and declared that it would stop illegal crypto mining in the country. Bitcoin traded down about 6.5% shortly after Friday’s opening bell at $41,866, still better than a low below $41,000 posted earlier. Ethereum traded down nearly 7%, Dogecoin was […]

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