On-Chain Data Reveals Decline in Bitcoin Hashrate —What Does It Mean?

TL;DR Bitcoin’s hashrate fell by 4% after reaching an all-time high of 755 million TH/s, currently standing at 723 million TH/s. The decrease in hashrate could reflect doubts among miners about the sustainability of the current bullish rally. Despite Bitcoin hovering around $92,000, the hashrate continues to show signs of deceleration rather than growth. Bitcoin’s ... source: https://crypto-economy.com/on-chain-data-reveals-decline-in-bitcoin-hashrate-what-does-it-mean/