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Bitcoin Price Falls On Reports Of Further Chinese Regulation - CNBCBitcoin fell as low as $31, Monday morning, dropping below $32, for the first time since June 8. China's crackdown on cryptocurrency. China's central bank said all cryptocurrency-related transactions are illegal, reinforcing the country's tough stance against digital rivals. The bitcoin price, which has more than doubled to $44, per bitcoin over the last 12 months, has been left in the dust by solana and some.
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