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Why Bitcoin, Ethereum, Dogecoin, and Other Cryptocurrencies Plunged Today

·2 min read
Why Bitcoin, Ethereum, Dogecoin, and Other Cryptocurrencies Plunged Today

Cryptocurrencies fell on Friday after China furthered its crackdown on the industry. Earlier this year, China banned cryptocurrency mining, an energy-intensive process that has drawn criticism from environmentalists for its potential to contribute to climate change.