Bitcoin Edging Up Following Plunge Blamed on China Crackdown; Miners on the Move
Bitcoin seems to be finding support above the psychological $30K level, but will it hold? Cryptocurrencies across the board took a nosedive as China's central bank reminded banks they are not to facilitate crypto transactions. Meanwhile, some Chinese miners ordered to shut down are already preparing to set up shop elsewhere. Guests today include Mostafa Al-Mashita of Secure Digital Markets and Ben Gagnon of Bitfarms.