Bitcoin tests a key level as the cryptocurrency falls below $33,000
The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price