Cryptos Lower; Mining Company Launches $2 Billion IPO

Cryptos fell on Tuesday. More Investing.com – Cryptocurrencies were lower on Tuesday, with Bitcoin nearing the $8,000 mark, not far from last week’s low of $7,972.40.
Bitcoin was trading at $8,201.10, falling 3.45% as of 8:20 AM ET (12:20 GMT) on the Bitfinex exchange.
Despite the decrease in digital asset values, the second largest Bitcoin mining firm has announced plans to raise $2 billion in an initial public offering in July . It would be the biggest bitcoin focused IPO so far.
Canaan Inc, a…

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