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Bitcoin straddled the $ 36,000 level early Monday morning as continued pressure from China forced volatility in cryptocurrency markets, according to a released report.
The cryptocurrency was valued at $ 36,229, down 0.12% for the 24-hour period ending near 5:30 a.m. Eastern time on Monday.
BITCOIN MIAMI 2021: JACK DORSEY OF SQUARE, ELON MUSK-BASHING AND AN INTENSITY ON “FREEDOM”
Several overnight reports indicated that China had stepped up its blockade of bitcoin trading as well as mining, preventing many cryptocurrency-related accounts on Weibo.
Bitcoin straddled the $ 36,000 level early Monday morning as continued pressure from China forced volatility in cryptocurrency markets, according to a released report. (iStock)
Elon Musk also drew the ire of the Anonymous Hacker Group, which criticized Tesla’s CEO for “constantly dragging” the cryptocurrency markets.
In a video posted to Twitter by the group, they said, “Recently… people are starting to see you as another narcissistic rich dude who is desperate for attention.”
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Ethereum, meanwhile, was trading at $ 2,776, up 1.44% Monday morning. It had fallen to $ 2,743 earlier on Monday morning, but has since risen steadily to its current level.
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