The Aftermath of Bitcoin Halving: Miners’ Struggle and the Road to Recovery

Recent data from CryptoQuant suggests the Bitcoin mining industry is experiencing capitulation, a potential indicator that Bitcoin’s price may be nearing a local bottom. The market intelligence platform analyzed metrics related to miners who secure the Bitcoin network in exchange for newly issued BTC. One key sign of capitulation is the decline in Bitcoin’s hash The post The Aftermath of Bitcoin Halving: Miners’ Struggle and the Road to Recovery appeared first on Coin Edition .

Source: Coin Edition