
TOKYO -- A double whammy has stalled the rise of bitcoin, the most widely traded cryptocurrency. One hit came from the Chinese government, the other came from Jamie Dimon, CEO of U.S. investment bank JPMorgan Chase.
Bitcoin is now trading below $3,000, diving over 40% in two weeks. The last time the virtual currency fell below $3,000 was Aug. 5, over a month and a half ago.