Bitcoin and Ethereum Sink as China Central Bank Says Crypto Transactions Illegal

Bitcoin and Ethereum Sink as China Central Bank Says Crypto Transactions Illegal

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https://www.barrons.com/articles/china-central-bank-bans-crypto-bitcoin-ethereum-prices-51632477760


Updated Sept. 24, 2021 8:43 americium ET / Original Sept. 24, 2021 6:03 americium ET

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Cryptocurrencies from Bitcoin to Ethereum to smaller coins were tumbling Friday aft the People’s Bank of China said each crypto-related transactions were amerciable and indispensable beryllium banned.

Bitcoin, the world’s largest integer currency, dropped 5.5% to $41,319, Ethereum sank 8.2% to $2,828, XRP fell 7.3% and Cardano was down 0.92% aft falling sharply earlier.

“Financial...


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