🚨 VANECK: A DECLINING HASHRATE COULD SIGNAL A BULLISH TURN FOR BITCOIN
According to VanEck, Bitcoin has historically delivered stronger returns following periods of hashrate declines, making the latest data point worth close attention.$BTC
Despite Bitcoin’s hashrate having increased nearly tenfold since 2020, the network has experienced a 4% drop over the past 30 days—the largest decline since April 2024. This pullback comes after hashrate peaked in November, suggesting a short-term reset in mining activity.$ETH
VanEck notes that such declines often reflect miner capitulation or temporary operational pressure, which in past cycles has tended to occur near price inflection points. As weaker miners exit and network difficulty eventually adjusts downward, remaining miners become more profitable—conditions that have frequently aligned with improving price performance.$BNB
While a falling hashrate can appear negative at first glance, history suggests it may instead be an early signal of renewed upside, especially if broader demand stabilizes or strengthens.
