🤯 $BTC Hashrate Just Dropped – Is This a Bull Signal?
A 4% drop in Bitcoin’s hashrate over the last 30 days – the biggest since April – is catching everyone’s attention. 🧐 VanEck’s research reveals a historical pattern: Bitcoin tends to *rally* after hashrate declines.
Why? These drops often mean less efficient miners are stepping back, paving the way for more profitable conditions for those who remain. This has historically coincided with price increases. While it seems counterintuitive, a hashrate reset could be exactly what $BTC needs, especially if demand holds steady. $ETH and $BNB are also worth watching as the overall market sentiment shifts.
#Bitcoin #Hashrate #Crypto #BullMarket 🚀
BTCUSDT
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BNBUSDT
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