Bitcoin Hash Ribbons Indicate Ongoing Miner Capitulation Amidst Market Pressure

Bitcoin miners continue to face significant pressure as indicated by the Bitcoin Hash Ribbons. Despite recent signs of recovery, miner capitulation remains ongoing. Current on-chain data reveals the sustained hardship within the mining sector. Discover the current state of Bitcoin mining as on-chain data highlights persistent challenges faced by miners. Bitcoin Hash Ribbons Signal Persistent

Source: CoinOtag