Click to Enlarge
Facebook
Twitter
The Financial Times leads on the “turbulence” seen in cryptocurrency markets on Wednesday following a Chinese “crackdown” on digital currencies. It saw the price of Bitcoin fall by as much as 30%, while another digital coin, Ethereum, lost a quarter of its value, the FT reports. But the paper hints that this has not deterred Elon Musk, the Tesla boss and a cryptocurrency enthusiast, who said the electric carmarker had no plans to sell any of its Bitcoin and would hold it for the long term.