Bitcoin Miner Capitulation: Why Falling Hashrate Might Be a Bullish Signal
While a declining hashrate often sparks concern within the crypto community, investment management firm VanEck suggests that recent network cooling could actually be an “encouraging sign.” According to a report by Matt Sigel and Patrick Bush, historical data indicates that periods of miner capitulation frequently serve as contrarian indicators for significant price rallies. The “Hashrate … Read more