Key Insights: BTC price fell 5%, and in latest Bitcoin news, China’s mining crackdown have fueled concerns. Recent Chinese regulations on Bitcoin mining have affected approximately 400,000 miners, temporarily reducing network hashrate and revenue. The CCP has taken measures that effectively limit Bitcoin and crypto activity in the country. The past few months have been…
FILE PHOTO: Bitcoin, the world’s largest cryptocurrency by market value, extended declines after Trump escalated his trade conflict with China. | Photo Credit: Reuters Bitcoin, the world’s largest cryptocurrency by market value, extended declines on Friday after U.S. President Donald Trump escalated his trade conflict with China. Trump on Friday said he was raising tariffs…
May 1 (Reuters) – Gold dipped to a two-week low on Thursday, pressured by signals of softening trade tensions and a holiday in top consumer China, while focus was also on Friday’s U.S. payrolls report to gauge the economic outlook. Spot gold was down 2% at $3,222.43 an ounce at 9:30 a.m. ET (1330 GMT),…