Bitcoin, ethereum drop, crypto market cap shrinks roughly $1 trillion

Business 05/20/21, 17:35

Bitcoin and ethereum recorded their biggest one-day plunge since last March on Wednesday, May 19,  with the cryptocurrency market capitalization losing nearly $1 trillion. Cryptocurrency prices plummeted as China restricted financial and payment organizations from providing bitcoin services, according to Reuters. Bitcoin fell to $30,066, its lowest level since late January, when ...

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