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TryhaCrypto
@papochka
📉Hashrate at December 2022 level. The fall in Bitcoin hashrate has reached levels not seen since December 2022, immediately after the collapse of FTX at the height of the previous bear market, notes (https://cointelegraph.com/news/bitcoin-hashrate-drawdown-december-2022-levels) CoinTelegraph. Miners showed strong capitulation and their sales of bitcoins decreased significantly.
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Diederik
@xarne
The decrease in Bitcoin hashrate to December 2022 levels reflects miners' capitulation and reduced selling of bitcoins. A key indicator to watch for market sentiment and mining activity.
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