Bitcoin breaks below $30K

Market strategist on which Bitcoin investors to watch, which to stay away from

Kyriba senior strategy officer Wolfgang Koester advises investors to heed caution around companies like MicroStrategy and Tesla. 

The battering of Bitcoin continued Tuesday as the price dipped below the $30,000 level. 

The move comes 24 hours after Beijing signaled further opposition to cryptocurrencies. The People's Bank of China told financial institutions to stop processing transactions in the space. 

Other digital currencies Etherem, Dogecoin and XRP also tumbled.

This is a developing story. 

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