Europe did not go to ban bitcoin mining

Bitcoin slowed its growth on Wednesday after two days of active strengthening, and on Thursday morning it rolled back to 43.1K, losing 2.2% per day. Ethereum has decreased by 3.3% 0.6% over the past 24 hours. Leading altcoins from the top ten lose from 1% per day (Terra, XRP) to more than 5% (Avalanche).

Bitcoin has broken the descending channel, but so far it has rested at $45KBitcoin has broken the descending channel, but so far it has rested at $45K

The total capitalization of the crypto market, according to CoinMarketCap, decreased by 2.5% per day to $ 1.09 trillion. The bitcoin dominance index runs near 43.1%.

The cryptocurrency fear and greed index fell by 13 points to 29, once again finding itself in the fear zone.

Bitcoin slowed its growth before the strong resistance of mid-February at $45,000, which then turned the downward movement. The first cryptocurrency in recent days has not paid too much attention to stock indexes, which rose on Wednesday. The technical picture continues to point to the breakdown of the downward trend, although to confirm the reversal, bitcoin must first be fixed above 45K.

Bitcoin trading volumes have increased markedly in the last week, due to the events in Ukraine, Arcane Research notes. On February 28, immediately after the freezing of the assets of the Bank of Russia, BTC jumped by 11%, showing the maximum growth in many months. Due to the new sanctions, the Russians withdrew cheaper ruble assets and invested them in cryptocurrencies.

Europe will not ban bitcoin and ether mining, follows from the new version of the bill on digital assets in the EU. Mining of these cryptocurrencies using the Proof-of-Work consensus mechanism requires large amounts of electricity, which has a negative impact on the environment.

Bitcoin slowed its growth on Wednesday after two days of active strengthening, and on Thursday morning it rolled back to 43.1K, losing 2.2% per day. Ethereum has decreased by 3.3% 0.6% over the past 24 hours. Leading altcoins from the top ten lose from 1% per day (Terra, XRP) to more than 5% (Avalanche). Bitcoin…

Bitcoin slowed its growth on Wednesday after two days of active strengthening, and on Thursday morning it rolled back to 43.1K, losing 2.2% per day. Ethereum has decreased by 3.3% 0.6% over the past 24 hours. Leading altcoins from the top ten lose from 1% per day (Terra, XRP) to more than 5% (Avalanche). Bitcoin…