Why is crypto falling

Shiba Inu Dominates Dogecoin In Whale Transactions: What’s Next For SHIB Price?

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Andrew Yang, the former Presidential candidate who’s now running for mayor of New York City, has said that he wants to turn the city into a cryptocurrency-mining hub. It’s hard to imagine a worse idea. The city is already looking at spending billions of dollars to protect itself from sea-level rise; increased emissions are pretty much the last thing it needs. Forward-looking politicians should be thinking about ways not to buoy bitcoin mining but to bury it. Markets It is a fair argument though for using alternative cryptos in leiu of Bitcoin. Bitcoin is one of the worst in terms of watts-per-transaction, with many alternatives like Doge being thousands of times more efficient.

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Will crypto bounce back

Changelly, on the other hand, is more bullish on Bitcoin (BTC). The platform anticipates the original crypto to hit a new all-time high later this month, hitting $74,239 on Mar. 31, 2024. Reaching $74,239 from current levels would translate to a growth of over 20%. If BTC surpasses the $74k level, it would mark a new milestone for the asset and the cryptocurrency market. Is crypto just going more mainstream? The crypto future is bright, but memes won't last forever. Investors looking for long-term value need to seek out technological differentiation, and Optimism and Aptos are the two blockchain platforms building that this week. If they're successful, the run higher could have legs.