Bitcoin slides below $40,000 after China’s new crypto ban

Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low as selling in digital coins intensified after China banned financial and payment institutions from providing cryptocurrency services. Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from … Continue reading Bitcoin slides below $40,000 after China’s new crypto ban