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VanEck: Declining Bitcoin Hashrate May Signal Stronger Market Performance

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Bitcoin analysis from VanEck suggests a falling hashrate could signal stronger market performance. The report shows Bitcoin gained in 65% of 90-day periods when hashrate dropped, versus 54% when rising. Hashrate fell 4% before December 15, the steepest drop in over a year. Miners face higher costs and lower prices, leaving only low-cost operators profitable. Institutional buyers added 42,000 BTC between mid-November and mid-December, taking their total to 1.09 million BTC. Bitcoin news highlights growing miner stress and shifting market dynamics.
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