Why is the crypto market down today? BTC briefly slips below $27k

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Bloomberg covered a story claiming that the EIB was intent on issuing a two-year 100 million euro digital bond.The most probable explanation is that Ether is being injected into other better-rewarding sectors.

This latest upswing has led to an increase in the tokens market capital that has now crossed $310 billion.Crypto analysts believe the recent upsurge was fuelled by the report that the European Investment Bank (EIB) intends to initiate a digital bond sale on the Ethereum network.The amount of Ethereum sitting on exchanges continues to drop lower and has been the lowest in the past year

adding that the move was made to prove liquidity of Bitcoin as an alternative to holding cash on the balance sheet.Tesla is watching how the market develops and listening to what our customers are saying but thinking about it from a corporate treasury perspective.

Kirkhorn explained that the company was confident in the value of the crypto asset from a long-term standpoint.

has made a profit following the sale of some of its Bitcoin holdingsCalifornia-based energy and electric vehicle company.it will offset more than a million metric tons of carbon -- which the company equates to hundreds of thousands of cars off the road.

By committing significant financial resources to these offsets.and landfills -- all overseen by energy consulting firm 3Degrees.

and with those rides comes pollution.But cars on the road is the very problem.