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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.

Financial Times Front Page 23rd of December 2024

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