Bitcoin Price Recovery Hinges on Miner Capitulation and Hash Rate Rebound, Says Willy Woo

The recovery of Bitcoin’s price is closely tied to the stability of its hash rate, which is expected to increase once weaker miners leave the market. The current demand for Bitcoin ordinals is staving off miner capitulation, delaying a potential recovery in hash rates. Recent trends in US Bitcoin ETF outflows are adding pressure on

Source: CoinOtag