BITCOIN DROP THE REAL REASON
BTCUSDT
Διην.
68,294.8
+3.49%
Bitcoin dipped today because China tightened mining regulations again. Many miners in regions like Xinjiang were forced offline, causing the network hashrate to fall around 8%.
When miners shut down, they need cash to cover costs, which leads to short-term selling pressure.
This isn’t a long-term issue.
It’s just temporary pressure, and Bitcoin has moved past this many times before.
BNBUSDT
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630.66
+5.62%
ETHUSDT
Διην.
2,051.46
+7.44%