Cryptocurrencies crash, Elon Musk not at fault this time: Bitcoin trading below $30,000, a six-month low

Tuesday, 22 Jun, 6.48 pm

A massive bloodbath among all cryptocurrencies. This was after reports stated that China had started a clampdown of trading and mining of cryptocurrencies in China. This led to major sell-off in the trading platform.

The fall of cryptocurrencies started over the weekend when reports stated that China's crackdown gathered pace.