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CoinGape 2021-05-19 03:43:01

BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin

It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market The post BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin appeared first on Coingape.

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