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Cruising along north of $60K for the past few days, bitcoin (BTC-USD) last night tumbled to just above $52K in the space of a few minutes. Some exchanges printed lows of around $50K. The move dragged down about the whole crypto sector, including popular names like Ether (ETH-USD), Binance Coin (BNB-USD), and Filecoin (FIL-USD).
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GUANGZHOU, China — China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice.
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Intense nervousness prevailed in 2020 for the US government bond market, with the 10-year yield falling to a record low at the beginning of the year to return to an upward trajectory in the second half of the year.
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