Bitcoin, ether, and major altcoins tumble on news that China will completely ban all crypto transactions

crypto coins circle
Nurphoto
Bitcoin, ether, and major altcoins tumbled Friday after China declared all crypto-related transactions illegal.
The bank said virtual currencies do not have the same legal standing as fiat currencies.
"We've also seen this before from China ... but it has not prevented adoption of bitcoin and digital assets from continuing their upward trend," a trader said.
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