The price of the world’s major cryptocurrency, bitcoin, has pulled below the crucial $36,000 support level, amid global regulatory crackdowns and environmental concerns. The crypto was trading down more than 5% on Saturday, at $35,697 per coin. Its value has almost halved from April’s record peak of about $65,000 a token. Traders forecast $32,500 as the next stop before it revisits its low of $30,000. Bitcoin’s slump comes as traditional markets faced another day of downward pressure, amid comments from the US Federal Reserve about the possibility of raising interest rates sooner than expected. The tightening of regulation on cryptocur
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