Price Volatility

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Each mined coin loses $20,000! Bitcoin miners are fleeing, and the "mining difficulty" has suddenly dropped by 7.8%.

The Bitcoin mining industry faces severe challenges: mining costs have surged to $88,000, while the Bitcoin price is about $68,000, causing miners’ losses to deepen. As geopolitical risk and high oil prices continue to weigh on the market, computing power keeps falling, and industry pressure is also triggering instability in the market. Many mining firms have begun transitioning to AI and high-performance computing in a bid to survive.
区块客·21m ago

Bitcoin ETF ends with seven straight red days, and renewed downward pressure hits the Bitcoin price

Recently, after experiencing a net inflow for seven consecutive trading days, the U.S. Bitcoin spot ETF saw a significant outflow, with a net outflow of $163.5 million on the 18th and another outflow of $51.9 million on the 19th, indicating a simultaneous weakening of market capital and prices. Bitcoin's price briefly fell below $70,000, highlighting that the fund flows of the ETF can no longer support its rebound, and the deteriorating macro environment is putting pressure on risk assets, causing a noticeable contraction in investor preference. The testing of the $70,000 threshold has become a barometer for short-term market sentiment.
区块客·2h ago