PANews reported on December 23 that, according to VanEck analysis, the Bitcoin network hashrate had fallen by about 4% as of December 15. This "miner capitulation" phenomenon has always been regarded as a contrarian indicator of a bull market reversal, which may suggest that the price of Bitcoin is close to a temporary bottom.
VanEck: Bitcoin miners' "surrender" signal may indicate that the market is nearing a bottom.
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Author: PA一线
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