Quick Take A recent analysis by CryptoSlate indicates that Bitcoin miners continue to capitulate, as evidenced by the hash ribbon metric. Glassnode data shows that the current hash rate, observed on a seven-day moving average, has dropped to 567 exahashes per second (EH/s), marking its lowest point since the post-halving period. This is a significant […]
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Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021