Bitcoins Value Falls Below 60000 Amid Intense Selling Pressure

QCP analysts have observed a significant development with Bitcoin miners exhibiting signs of capitulation. Historically, such capitulation among miners has often indicated a market bottom. The last comparable decline in hashrate occurred in 2022 when Bitcoin’s value dropped to $17,000. This trend implies that the price of the leading cryptocurrency may be nearing a pivotal juncture. For the latest updates on financial and business news, visit COINTURK FINANCE.