Bitcoin fell below US$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 per cent to US$29,614, its lowest since Jan. 27. As of 1232 GMT it was down 4.2 per cent.
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(Reporting by Thyagaraju Adinarayan; editing by Tom Wilson)