The renewal of the call for restrictions on Bitcoin transactions and mining from the Chinese Financial Stability and Development Committee again put pressure on the cryptocurrency markets. The daily decline in Bitcoin reached 6 percent.
Bitcoin fell sharply, again with the news flow from China.
According to Bloomberg's report, the Financial Stability and Development Committee of the Chinese State Council reiterated its call for restrictions on Bitcoin transactions and mining.
The committee stated that China is determined to avoid financial risks. The statement was made after the Committee's meeting chaired by Chinese Deputy Prime Minister Liu He.
After the announcement, the daily drop in Bitcoin reached 6 percent. Bitcoin, which saw over $ 42,000 during the day, declined to $ 36,000 as of 17:40.
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