Tags : fell

Bitcoin

Miner explains why the Bitcoin hash rate fell by 25%

Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week. Yilham, who operates one of the largest Bitcoin mining farms in the world, shared his thoughts on the situation and […]Read More

Cryptocurrency

Why the Bitcoin price suddenly fell 5% in three hours—and

The price of Bitcoin abruptly fell by over 5% in just three hours on January 10. Analysts generally attributed the volatility to an overheated derivatives market and the new upcoming weekly candle. Why some technical analysts expected this move Some traders and technical analysts anticipated Bitcoin to pullback, due to the range it has seen […]Read More