A falling hash rate and the resultant pressure on miners could signal another potential capitulation phase, which could push ...

Bitcoin's hash rate has shifted from primarily a technical key performance metric to one that behaves much like a macro signal. That is, an indicator that gives a read on capital commitment and ...

I don’t want to overstate it… but if you’re looking at macro events, that’s one of the only things that lines up,” Harper said.

Bitcoin returned +12% over the last 30 days while volatility fell significantly. Mining activity trended lower with difficulty down (-2%) and hash rate dropping (-6%). This decline is partly due to ...