Congressional Hearing Puts Crypto Energy Use in the Crosshairs

Congressional Hearing Puts Crypto Energy Use in the Crosshairs

11:53 (AA) A quick market check while the hearing continues. Bitcoin is holding its gains, rising more than 3%, above $43,000 levels. Ether, the native token for Ethereum, gained more than 5%. Meanwhile, the shares of most crypto miners, which are highly levered to the movements of crypto currency prices, are up 5% or more on Thursday.

Originally Posted on: https://www.coindesk.com/policy/2022/01/20/live-blog-congressional-hearing-puts-crypto-energy-use-in-the-crosshairs/
By: Nikhilesh De, Cheyenne Ligon, Aoyon Ashraf, Eliza Gkritsi

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