Why is the crypto market down today? Bitcoin, Ethereum in red
By Rony Roy
The crypto market has suffered another round of losses on November 9, with Bitcoin falling below $75,000 and Ethereum trading near $2,100 as concerns over US crypto regulation, the Binance hack and institutional withdrawals continue to weigh on prices. Bitcoin…
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Explained in this story
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMore in Finance
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