The crypto market has come under pressure once again ahead of the European Union reportedly working to pass a bill banning all Proof-of-Work (PoW) cryptocurrencies citing environmental concerns. This means that the EU could potentially ban Bitcoin as well! Bitcoin (BTC) is down 1.5% and is currently trading at $38,577 with a market cap of The post Crypto Market Enters Correction As EU Mulls Banning Bitcoin and PoW Crypto appeared first on CoinGape.