9/24/2021, 1:24 PM (Source: TeleTrader)
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Cryptos continue plunge, Bitcoin tumbles 7%

Cryptocurrencies sank further in the red on Friday, with Bitcoin losing over 7%, after the People's Bank of China announced new restrictions in terms of crypto trade.

Additionally, the Asian country's state planner pledged to strictly enforce its ban on crypto-based project financing.

Ether nosedived 11.53% to sell for $2,702.84 at 7:23 am ET, while Bitcoin tumbled 7.35% to $41,538 at the same time.

Baha Breaking News (BBN) / BU