Why a Declining Bitcoin Hash Rate Could Actually Be Bullish
Bitcoin’s (BTC) network hash rate has dropped 4% over the last 30 days, marking the sharpest decline in nearly 2 years. At the same time, increased volatility and a decline in prices highlight mounting stress among miners as profits dwindle. However, according to investment management firm VanEck, the miner capitulation may signal a bottom. Sponsored...
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