Bitcoin Drops below $35,000 As China Intensifies Crackdown. Know Top Cryptocoin Prices Today
News 18Bitcoin plunged on Monday amid a nationwide crackdown against cryptocurrency mining in China. The world’s largest cryptocurrency dropped 1.17% to $34,998.68 as of 0815 hours IST on June 21 on coinmarketcap.com Index. About 65% of the world’s Bitcoin mining took place in China as of April 2020, according to an estimate by the University of Cambridge. The analysts cited China’s clamping down on cryptocurrency mining as a concern.”The selling pressure that we witnessed last week continues to trouble the cryptos coming into this week. Take a look at the top cryptocurrencies and their prices on June 21 : Bitcoin $34,998.68 -1.17% change in 24 hours Ethereum $2190.73 0.36% change in 24 hours Binance Coin $333.40 -0.42% change in 24 hours Tether $1 0.03% change in 24 hours Cardano $1.39 0.14% change in 24 hours Dogecoin $0.2691 -5.27% change in 24 hours XRP $0.7411 -0.96% change in 24 hours Polkadot $20.01 -1.06% change in 24 hours USD Coin $1.00 0.03% change in 24 hours Uniswap $20.26 2.84% change in 24 hours ZebPay Trade Desk “Binance Coin is the native token of Binance which is the world’s largest and fastest-growing exchange.