Even though China is still expected to crack down on cryptocurrencies in the near future, Bitcoin's value has jumped again, bringing it back over $4,100. The currency lost a lot of its value last week when reports began appearing about a plan from Chinese officials to ban cryptocurrency trading.
Bitcoin's value declined, as did Ethereum's. Its value even dipped under $3,000 for a short time on Friday.
Reports indicate China is going to ban all manner of cryptocurrency exchange. Since it's a major market, people began selling off Bitcoin.
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