Bitcoin prices have fallen sharply in the past week. Photo: Getty Images

Bitcoin tipped to slide further to US$6,500 as clampdown by China’s central bank spooks cryptocurrency traders

  • A rally triggered by a wrongly translated message on President Xi Jinping’s support for blockchain has been wiped out, as the People’s Bank of China continues to come down hard on cryptocurrencies
  • Bitcoin recovers some lost ground, but some see it sinking further to US$5,000
Topic |   Digital currencies

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Bitcoin prices have fallen sharply in the past week. Photo: Getty Images
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