Bitcoin Hashrate and Network Activity Plummet, Miner Capitulation Looms

Bitcoin hashrate declined significantly over the last few days, which may result in miner capitulation. Activity on the Bitcoin network also fell significantly. A key indicator of the Bitcoin [BTC] network’s processing power, the hashrate drawdown, has plunged to its lowest point since December 2022. Bitcoin hashrate drops to lowest level since December 2022, sparking

Source: CoinOtag