You're reading: Associated Press: Why has the price of Bitcoin been falling?

Associated Press: Why has the price of Bitcoin been falling?

By Associated Press.
(FILES) This file photo taken on Nov. 20, 2017 shows gold plated souvenir Bitcoin coins arranged for a photograph in London.
Photo by AFP

NEW YORK — The price of Bitcoin fell as much as 29% May 19 after the China Banking Association warned member banks of risks associated with digital currencies. Other digital currencies suffered sharp declines as well.

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