Why is crypto down
Why Bitcoin, ether, dogecoin, other crypto prices are crashing today
Why is bitcoin down
This week's Bitcoin conference in Miami, organized by BTC Inc. and BTC Media, LLC (owner of Bitcoin Magazine), will feature over 180 talks, with session names including “Boom to Bust: Wall Street & the FTX Aftermath,” “The Great Ordinal Debate” and “Bitcoin-Powered Nuclear Energy.” Crypto's excruciating week has traders bracing for the next crisis Even as technology improves, allowing users to do more while using less energy, cryptocurrency mining is computationally intensive, and the measure of power on the blockchain network, or hash rate, is still rising.

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Why is cryptocurrency down
Here, Bitcoin remains a mixed bag. Credit ratings agency Moody’s says that although this year’s cryptocurrency losses have largely been contained if leverage builds again, “it could eventually unsettle the banking system, even if banks continue distancing themselves from direct interaction with the crypto economy”. Cryptocurrency Cosmos Hub Down More Than 3% Within 24 hours No, the U.S. government can’t shut down cryptocurrency markets, but they can regulate it.