Bitcoin Pressured by Post-Fed Dip in Sentiment, China Crackdown

  • Date: 21-Jun-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
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Bitcoin Pressured by Post-Fed Dip in Sentiment, China Crackdown

(Bloomberg) --

Bitcoin slid Monday amid a fraying appetite for riskier investments and an intensifying cryptocurrency crackdown in China.

The largest virtual currency fell as much as 9% to $32,605 and was trading a little under $33,000 as of 7:40 a.m. in London. Ether, the second-biggest token, declined as much as 11%.