China

Coronavirus Almost Certainly Came from an Animal, Not a Lab Leak, Top Scientists Argue

The coronavirus pandemic almost certainly originated from an animal, probably at a wildlife market in China, and not from a laboratory leak, a group of virus experts said Wednesday. Theories about a lab leak are almost all based on coincidence, not hard evidence, the group of 20 top experts from the US, UK, Australia, New Zealand and elsewhere said.

Bitcoin Erases Gain for the Year After Dropping Below $30,000

Bitcoin’s tumble amid a broad crypto crackdown from China has pushed it below $30,000 for the first time since January, pulverizing its entire 2021 gain. The original cryptocurrency has lost more than 50% from its mid-April high of almost $65,000. That compares with a gain of about 12% for the S&P 500 since the end of December. The coin started 2021 trading around $29,000 following a fourfold increase in 2020.

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