FTSE edges higher after wild Bitcoin swings – live updates


T.The bitcoin router continued over the weekend, with the world’s largest cryptocurrency down nearly 50 percentage points from all highs after a state council in China made new promises on Friday to crack down on digital currencies.

A number of cryptocurrency miners stopped their China activities and swapped huboi to stop both crypto mining and trading services for Chinese customers, causing the coin to lose 13 pieces on Sunday alone.

Bitcoin rose from $ 31,107 to $ 35,970 from its low on Sunday. It is trading higher this morning, trading at $ 36,570.

The competing ether of the cryptocurrency also hit a nearly two-month low of $ 1,730 on Sunday before rising to $ 2,241, where it is currently trading.

Bitcoin, ether and dogecoin meme currency are still posting big gains over longer periods of time like last year – around 12,000 in the case of Dogecoin.