First Mover Americas: Bitcoin Unaffected by Financial institution of England's Tremendous-Measurement Curiosity-Price Hike – CoinDesk

The bitcoin mining issue ribbon, comprising short- and long-duration easy transferring averages on the mining issue, has compressed for the primary time in over a yr, indicating miner capitulation. The earlier bear markets, together with the one seen in 2014, ended with the ribbon compression, knowledge offered by analytics agency Glassnode present.

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