🚨 Why Bitcoin Dropped Today (Quick Breakdown) 👇

Bitcoin isn’t crashing randomly — China did it again 🇨🇳

🔻 China tightened mining regulations

⛏️ ~400,000 miners went offline (Xinjiang hit hard)

📉 Network hashrate down ~8%

What happens next?

• Miners lose revenue

• Some sell BTC to cover costs

• Short-term sell pressure spikes

⚠️ Important:

This is NOT a long-term bearish signal.

It’s a temporary supply shock, not weak demand.

We’ve seen this before:

China crackdown → hashrate dips → price wobbles → network adjusts → Bitcoin moves on 🚀

Short-term pain, long-term unchanged 🔥

#bitcoin

BTCUSDT

Perp

87,518.1

+1.94%

#BTC #CryptoNews #MarketUpdate

BTCDOMUSDT

Perp

4,587.5

+0.87%

What will be BITCOIN status by end of December 2025