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Bitcoin touched a low of $33,381; sell-off continues after China's cryptocurrency-mining crackdown

Shortpedia

Content Team
Image Credit: shortpedia

Bitcoin and other cryptocurrencies are trading in red. As per Coindesk, the 24-hour low of Bitcoin was $33,380.58 (6 8.30pm IST). In the case of Ethereum, Cardano, XRP and Dogecoin, most cryptocurrencies were down due to the sell-off in the market. According to Yahoo Finance, a sell-off in the crypto market has continued into the weekend as China's crackdown gathers pace.