The price of Bitcoin has nosedived by 11 percent today to its lowest point since November 2017 amid a growing backlash against cryptocurrency trading.This dramatic drop came after India announced a ban on the buying and selling of virtual currences.Since the beginning of 2018, the value of the world’s largest cryptocurrency plunged by almost half in a ‘bloodbath’ which saw £31 billion shaved off the total value of the market.Bitcoin dropped to a miserable low of $9,022 (£6,343) today, which is a long way from the high of almost $20,000 it hit at the end of last year.It slid more than 26 percent last month in its worst monthly performance since January 2015.Other cryptocurrencies, including Ripple, the third-largest by market value, and Bitcoin Cash, have also racked up double-digi
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