Bitcoin price may rebound as hashrate drops 4%: VanEck
Bitcoin’s network activity is flashing a signal that has often appeared near market lows. Summary Bitcoin hashrate fell 4%, the steepest drop since April 2024. Corporate treasuries bought 42,000 BTC as exchange-traded product holdings declined. Past hashrate drops saw 180-day Bitcoin price gains averaging 72%. The latest data shows pressure across miners, traders, and short-term holders, even as long-term…
