May 1, 2025

Bitcoin Mining Capitulation: Hash Rate Plummets as Revenue Declines Spark Sell-Off

1 min read

Recent data indicates potential signs of capitulation in the Bitcoin mining industry. Various metrics suggest a looming local price floor for Bitcoin, potentially followed by a significant price surge. Analysts have noted a substantial decline in Bitcoin’s hash rate, which could signal key market shifts. Observe the recent trends in Bitcoin mining industry signaling a

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Source: CoinOtag

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