Cryptocurrency “Bitcoin“The value fell below $ 30,000 on Tuesday for the first time in five months due to news of China ‘s crackdown on the cryptocurrency industry.
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Bitcoin has fallen more than 9% to $ 29,624, the lowest level since January.
This decline was fueled by news that China strengthen measures against the trading and acquisition of this currency.
“There are growing concerns about China’s measures and that the adoption of Bitcoin and other cryptocurrencies could be delayed due to concerns about their impact on the environment,” analysts explain.
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