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