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Bitcoin sinks below $30,000 for first time since January – Metro US

Bitcoin sinks below $30,000 for first time since January

FILE PHOTO: Illustration of Bitcoin
FILE PHOTO: Illustration of Bitcoin

LONDON (Reuters) – Bitcoin fell below $30,000 for the first time in nearly five months as China’s latest crackdown on cryptocurrencies weighed.

The world’s largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27. As of 1232 GMT it was down 4.2%.

(Reporting by Thyagaraju Adinarayan; editing by Tom Wilson)

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