Why Is Crypto Down Today? – January 8, 2026

The crypto market is down today. BTC fell 2.7% to $90,235, and ETH dropped 4.1% to $3,120. “BTC is trading in a choppy range, reflecting a fragile balance between monetary policy expectations, liquidity conditions, and global risk appetite.”
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Bitcoin Mining Gets Greener as Canaan Recycles Heat for Agriculture

Canaan has launched a 3 MW Manitoba pilot that recycles Bitcoin Mining heat from 360 liquid-cooled Avalon units into a Canadian tomato greenhouse. The move comes as Kevin O’Leary has said buyers now want sustainably mined coins and Cambridge has reported renewables now power over 52% of the network.
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Mastermind Behind $4.5 Billion Bitfinex Hack Walks Free with Trump Pass

Ilya Lichtenstein, involved in the $4.5B Bitfinex Hack, has been released early through Trump’s First Step Act, joining a growing list of crypto offenders granted leniency as debates over digital asset regulation and political accountability continue across the United States.
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