Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman Cio Survey

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(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher.

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