hashrate
6h Crypto Recap Bitcoin, Ethereum, Binance, XRP, SAFU — shockwaves
#Bitcoin saw a wave of forced liquidations across the crypto market, with billions wiped out in liquidations during the selloff. The event was driven by leveraged positioning getting unwound fast ⚠️.
#Ethereum faced a broad market drawdown that pushed it to a multi-month low window. The move reinforced how tightly major alts are tracking macro crypto risk-off flows.
#Bitcoin mining activity showed stress as #hashrate dipped while some miners curtailed operations during a US winter storm. The disruption highlighted how weather-linked power constraints can ripple into network metrics ❄️.
6h Crypto Recap: Market Movements, Predictions, and Token Insights
#Bitcoin miners are facing increased financial pressure as their #hashrate continues to rise, leading to higher operational costs. This trend suggests that miners might need to adapt their strategies to remain profitable amidst challenging market conditions.
The #CFTC is in the spotlight as the White House crypto czar endorses Michael Selig as a strong candidate for leadership. This endorsement could signal a new regulatory direction in the cryptocurrency space, potentially affecting various tokens.