Bitcoin Struggles to Recover as Real Yields Rise, Hashrate Falls — Market Talk
-
Bitcoin is struggling to recover as U.S. real inflation-adjusted yields rise and the computational power used in bitcoin mining, or hashrate, falls, Marex crypto analysts say. "When real rates push higher, bitcoin tends to lose marginal buyers and rallies become shorter lived," they say in a note. Bitcoin's hashrate fell during the first quarter, the first decline in six years, as miners shifted capital to artificial intelligence infrastructure. Meanwhile, Strategy has paused bitcoin purchases, breaking a pattern the market had become comfortable with, the analysts say. Bitcoin trades steady at $66,625 after earlier modest gains driven by a WSJ report that President Trump is willing to end U.S. attacks against Iran, LSEG data show. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260331004347:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
註冊 登入