RATE Group | Digital decline: cryptocurrency sees losing streak stretch
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Digital decline: cryptocurrency sees losing streak stretch

26 Nov Digital decline: cryptocurrency sees losing streak stretch

Posted at 03:19h in Cryptocurrency News by

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Virtual world: Crypto- currency mining rigs at a facility in Bratsk, Russia. Photos: Andrey Rudakov/Bloomberg
Virtual world: Crypto- currency mining rigs at a facility in Bratsk, Russia. Photos: Andrey Rudakov/Bloomberg
Virtual world: Crypto- currency mining rigs at a facility in Bratsk, Russia. Photo: Andrey Rudakov/Bloomberg

Bitcoin sank to its lowest level in six months, extending this month’s slide amid concerns about a crackdown on so-called cryptocurrency operations by China.

The digital currency plunged as much as 11pc to $6,530 before paring losses to trade at about $7,149 in early New York trading….

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