Cryptos bounce back after Friday’s China-fueled selloff as investors ‘buy the dip’ – MarketWatch

Cryptocurrencies staged a solid recovery Monday following Friday’s slump, when China declared all crypto-related transactions illegal in the country, intensifying its crackdown on digital assets.

Bitcoin BTCUSD rose above $43,000 on Monday, from its Friday low of below $41,000, while ether ETHUSD returned to above $3,000, after trading below $2,800 on Friday. 

The…

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