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Bitcoin, Ethereum prices in freefall as China plans crackdown on mining and trading – Source CNET Computer News

Bitcoin took a hit today.

Bitcoin has seen much better days. 


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Bitcoin, Dogecoin, Ethereum and every cryptocurrency available had a terrible week. Prices began falling Wednesday following the news of China reaffirming its ban on the crypto services for its financial institutions. Then, after a brief rebound Thursday, prices fell again Friday when a statement from a meeting among top Chinese officials called for what could be disastrous actions against cryptocurrency. 

“We should be more alert and look for potential risks,” a statement from the meeting said, according to Coindesk. “We…

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Source CNET Computer News

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