China’s bitcoin crackdown pushes down transaction volumes and fees – South China Morning Post

  • Transaction fees fell by 93 per cent and trading volumes by nearly half since all-time highs in April and May, respectively
  • An ongoing cryptocurrency crackdown in China has pushed down bitcoin prices by more than 40 per cent, and there are no signs Beijing will let up soon

Topic |   Bitcoin

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Coco Feng

Updated: 3:23pm, 11 Jun, 2021