© Reuters. Bitcoin plunges 10% after China insists it is “illegal”
Madrid, Nov 16 (.) .- El, the best-known cryptocurrency in the market, falls sharply this Tuesday, by 10.2%, and loses the level of $ 60,000, in a day in which China has insisted that cryptocurrencies are “illegal”.
In this way, bitcoin moves away from the historical highs that it marked last week, when it touched $ 69,000.
After several sessions of moderate changes, bitcoin is crashing today after China has warned that it will control that state companies do not carry out activities related to cryptocurrencies, considered illegal.
He recalled that these coins are not issued “by monetary authorities” and that “they are not real.”
On the other hand, the cryptocurrency falls after the president of the United States, Joe Biden, has signed a historic infrastructure plan, worth 1.2 trillion dollars, which includes rules for companies that handle cryptocurrencies.
In addition to bitcoin, ether, the platform’s cryptocurrency, follows the same trend and drops 10.77%, to $ 4,221.
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