Fri September, 2021, Age: 2 years
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block the use of unofficial digital money. This has led to dramatic drops in the value of virtual currencies. Bitcoin fell more than 9%, to $41,085, in the hours after the announcement, and Ethereum fell almost 10%, from $3,100 to around $2,800.
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