![Bitcoin, the world's largest cryptocurrency, dropped on Friday as China intensified a crackdown on cryptocurrency trading. Reuters / Dado Ruvic](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/FMIATEEFCXKKGHKYW7QC3OW7SE.jpg?smart=true&auth=c090074f3912fe909ea965d45fd28b345e4760544878fd4ea0633a2e87e3102c&width=400&height=225)
Bitcoin, the world's largest cryptocurrency, dropped on Friday as China intensified a crackdown on cryptocurrency trading. Reuters / Dado Ruvic
Bitcoin, the world's largest cryptocurrency, dropped on Friday as China intensified a crackdown on cryptocurrency trading. Reuters / Dado Ruvic
Bitcoin falls as China declares cryptocurrency activity illegal and vows to clamp down
Chinese central bank bars financial institutions, payment companies and internet firms from facilitating cryptocurrency trading