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Cryptocurrency trading mixed, day after China crackdown

Added 09-25-21 06:04:02am EST - “Bitcoin was trading 0.54% lower early Saturday, one day after Chinese regulators said all crypto-related activities are illegal.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Cryptocurrency trading mixed, day after China crackdown”. Below is an excerpt from the article.

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Bitcoin was trading 0.54% lower early Saturday, one day after Chinese regulators said all crypto-related activities are illegal.

The price was around $42,850 per coin, while rivals Ethereum and Dogecoin were trading around $2,945 (+0.87%) and 21 cents (+0.55%) per coin, respectively, according to Coindesk.

Following the announcement from the People’s Bank of China, Bitcoin dropped nearly 6% to around $41,700 per coin, while Ethereum and XRP dropped 8% to around $2,800 per coin and 7% to 91 cents per coin, respectively, according to real-time price tracking by Coindesk. 

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