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Data shows the Bitcoin mining bear market has a ways to go

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

Continue ReadingData shows the Bitcoin mining bear market has a ways to go

Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.

Continue ReadingBitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K…

Continue ReadingCrypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020