Waqar Zaka has come to the forefront of the password currency trading and investment community in Pakistan. Early adopter men in this country lead an army of entire password enthusiasts. But who sees Zaka when cryptocurrency faces an incredible clash?
The world's most well-known cryptocurrency Bitcoin has lost 30% in value over the last 24 hours. The downtrend over the past week has accelerated over the past few days.
After trading for $ 49,498 on May 12, it fell to $ 30,201 on May 19. Clashes affecting multiple password coins continued after Chinese regulators announced Tuesday to crack down on password coins. Since then, China has banned financial institutions and settlement companies within the border from providing customers with services related to password currency transactions.
China is influential in Bitcoin games. Studies show that by 2024, the country will control about 75% of the world's Bitcoin mining through a mining infrastructure set to consume as much energy as Italy.
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