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Bitcoin Miner Activity Drops to Lowest Level Since 2022

  • Bitcoin miner activity has dropped to its lowest level since 2022, indicating a slowdown in miner-driven activity.
  • The United States now leads global Bitcoin mining, accounting for 75% of all reported mining activity.
  • Miner-related transactions contribute only 3.3% of total Bitcoin volume, a significant decline from previous levels.
  • The decrease in miner activity could reduce selling pressure, although its long-term market impact is uncertain.

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