Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban
- Date: 22-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban
China's central bank announced Monday it had recently summoned several banks and payment firms to ramp up their crackdown on cryptocurrency trading, prompting several key market indicators to turn bearish Monday.
Bitcoin (BTC) trading around $32,590.39 as of 20:00 UTC (4 p.m. ET). Slipping 7.88% over the previous 24 hours.
Bitcoin's 24-hour range: $31,744.99-$36,119.80 (CoinDesk 20)
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