Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?
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Falling hashrate, death crosses, and altcoin plunges form the backdrop of the crypto market yesterday as China tightened its ban against cryptocurrencies.
Rohan Jethi · June 22, 2021 at 8:00 am UTC · 2 min read
Bitcoin and Ethereum prices took a big hit as major Chinese banks paused all crypto-related transactions.
The latest crackdown came weeks after local directives aimed at culling mining operations.
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