Title: Bitcoin and Ethereum dropping: Here's why cryptocurrency prices are crashing right now
Headings: Bitcoin and Ethereum dropping: Here's why cryptocurrency prices are crashing right now
Bitcoin and Ethereum dropping: Here's why cryptocurrency prices are crashing right now
June 15, 2017, 12:00 p.m. E.S.T.: This story has been updated.

Content: Bitcoin.com called the bill a "pit bull assault on bitcoin freedom," because it would treat digital exchanges more like banks, subject to greater reporting requirements. The bill was introduced on May 25, but has not advanced to a vote. "We're gonna see a lot of roller-coastering until Aug. 1," Phillip Alexeev, a cryptocurrency investor and head of growth at Sketchfab, told Mic. Why Aug. 1? That's the deadline that's been set by a group of bitcoin traders to implement something called Segregated Witness, a "protocol upgrade" that would keep the currency more decentralized. Business Insider described the issue as bitcoin's "civil war." Finally, there's the matter of the greater economy at large: Prices for lots of assets, including stocks, fell Thursday morning after the Federal Reserve raised interest rates on Wednesday, something that made investors of all stripes a little more cautious. Still confused about how cryptocurrencies work? Here's Mic 's explainer on what you need to know.