๐จ BITCOIN IS DROPPING โ HEREโS THE SIMPLE TRUTH
Bitcoin is down today, and the reason is not rumors or fear.
๐ Itโs China. Again.
What happened ๐
โข China tightened rules on Bitcoin mining
โข In Xinjiang, many mining farms were shut down
โข Around 400,000 miners went offline
โข Network hashrate dropped ~8%
When miners suddenly shut down:
โ Income stops
โ Costs go up
โ Some miners sell BTC to survive
That creates real sell pressure, not market panic.
Important part ๐
โ This is not long-term bearish
โ๏ธ This is a temporary supply shock
Weโve seen this many times:
China cracks down โ hashrate drops โ price wobbles โ network adapts โ Bitcoin continues.
Short term: more volatility ๐
Long term: nothing changes for Bitcoin.
