Over the last two hours from press time, the crypto market has collectively lost a staggering $150 billion with a sharp 5% drop. This comes amid China’s intensified crackdown on digital assets and declaring crypto transactions as illegal. On Friday afternoon, September 24, the People’s Bank of China (PBoC) said that the latest decision was The post Crypto Market Enters Sharp Correction After China Declares Crypto Transactions As Illegal appeared first on Coingape.