SINGAPORE, Sept 27 (Reuters) – Cryptocurrencies traded firmly on Monday, having rebounded from promoting pushed by an intensifying crackdown on the asset class in China, as buy-the-dip speculators swooped in.
Bitcoin was up about 1% in Asia commerce at $43,719, having fallen to simply under $41,000 within the wake of Friday’s announcement of a blanket ban on crypto mining and transactions in China – essentially the most wide-ranging clampdown but. read more
Rival token ether rose 2% to $3,136 and has recouped its Friday losses.
Reporting by Tom Westbrook; Modifying by Muralikumar Anantharaman
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