Bitcoin Breaches $8,000 Level as March Slump Accelerates
- Twitter joins Facebook, Google in banning crypto coin ads
- Biggest digital currency is down about 60% from record high
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Bitcoin began the week on a down note, declining as much as 8.7 percent, pushing the biggest cryptocurrency’s decline for March to about 25 percent.
Twitter Inc. confirmed Monday that it’s banning advertisements for initial coin offerings and token sales on its social-media platform. The decision comes after Facebook Inc. banned cryptocurrency ads in January and Alphabet Inc.’s Google said it would ban such ads starting in June, as part of a broader effort to crack down on deceptive and misleading advertising on their platforms.