Crypto-Carnage: Bitcoin Crashes Below $3000 After China Demands Local Exchanges Halt Trading

Crypto-Carnage: Bitcoin Crashes Below $3000 After China Demands Local Exchanges Halt Trading:

The latest bitcoin news out of China just confirmed traders’ fears about a widespread crackdown, sending the price of bitcoin world-wide spiraling lower, to levels it hasn’t touched since the beginning of the “summer of bitcoin.”

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