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Price Of Bitcoin, Bitcoin Stocks Slide As China Crackdown Continues Investor's Business Daily

November 17, 2021
Source: investors.com investors.com
News Snapshot:
The price of Bitcoin and other Bitcoin stocks slid on Tuesday, amid reports of a widening crackdown in China and reservations from Twitter ( TWTR ) about investing in the volatile cryptocurrency. X The drop in Bitcoin's price also arrives a day after President Biden signed a large infrastructure bill containing a provision intended to strengthen tax reporting requirements on cryptocurrency transactions. However, just days after VanEck's spot Bitcoin ETF was rejected by the SEC , the investment firm said Tuesday its VanEck Bitcoin Strategy ETF, another Bitcoin futures ETF, had begun trading on CBOE under the ticker XBTF. The...
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Tags: auto | Biden | bitcoin | blockchain | Business | CFO | China | CNN | crackdown | crypto | cryptocurrency | CUP | currency | Economy | electric vehicle | ETF | finance | fintech | investment | social media | stock market | stocks | technology | Tesla | Twitter

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