🚀 Bitcoin's Hashrate Takes a Dip, But Miners Hold Strong! 💪

In July, Bitcoin's hashrate dropped to levels not seen since the December 2022 bear market, hinting at miner capitulation. Despite the April halving slashing rewards to 3.125 BTC, Marathon Digital Holdings didn't sell a single Bitcoin in June, keeping their 18,536 coins untouched.

Experts say the decline isn't as severe as past bear markets, and Bitcoin's built-in difficulty adjustment mechanism keeps the network stable.

What do you think? Is this a minor blip or a sign of things to come? Share your thoughts below! 👇