© Reuters

After (BTC) confronted its third consecutive rejection, traders grew to become extra assured in including altcoin positions. For the main cryptocurrency, the trail to $50,000 seems more difficult than beforehand anticipated.

In response to Euronews Subsequent, on March 14, the European Union rejected a proposed rule that might have banned the energy-intensive proof-of-work (PoW) mining algorithm utilized by Bitcoin and different cryptocurrencies. A number of EU parliamentarians have been pushing to ban PoW mining over vitality issues.

value at FTX. Supply: TradingView
Weekly winners and losers among the many top-80 cash. Supply: Nomics
(USDT) peer-to-peer vs. . Supply: OKX
Seven-day accrued perpetual futures funding charge on March 14. Supply: Coinglass