VanEck: Recent Bitcoin Miner 'Capitulation' May Signal Price Bottom

2025.12.23 08:54:14

**Bitcoin Hashrate Drop May Signal Bullish Price Trend, VanEck Analysts Say** Dec. 23 (Cointelegraph) — VanEck analysts report Bitcoin’s network hashrate fell 4% month-over-month as of Dec. 15, a decline they note could bode well for the crypto’s price in coming months. Historically, miner capitulation (linked to hashrate drops) has been a contrarian bullish indicator. In a Monday report, VanEck Digital Asset Research Director Matt Sigel and Senior Investment Analyst Patrick Bush said persistent hashrate declines correlate with higher future returns. Key historical data (since 2014): - 30-day hashrate drop → 65% chance of positive 90-day returns; 30-day hashrate rise → only 54% chance. - 90-day hashrate decline → 77% chance of positive 180-day returns (avg ~72% gain); 90-day hashrate growth → 61% chance of positive returns.

Add to Favorites Download image Share x Copy link

Relevant content

US Stock Market Open Cryptocurrency Concept Stocks Generally Down, GEMI Falls Over 6%

U.S. stocks opened lower on April 2: the Dow Jones Industrial Average (Dow) fell 1.01%, the S&P 500 dropped 0.93%, and the Nasdaq Composite declined 1.40%. Crypto-related stocks were broadly lower, with notable movers including Gemini (GEMI) down 6.78%, Sharplink Gaming (SBET) 6.04% lower, Bitmine (BMNR) off 5.92%, Bit Digital (BTBT) down 5.49%, Circle (CRCL) 5.30% lower, Robinhood (HOOD) off 4.66%, Coinbase (COIN) down 4.61%, and Bullish (BLSH) 4.11% lower.

1 minutes ago

Citigroup: Global Oil Supply Crunch of 440,000 Barrels/Day Expected

Citi said on April 2 that global oil supply could face a shortfall of 440,000 barrels per day (bpd). If some Gulf states reject Iran’s so-called “transit fee,” the shortfall could widen to 800,000 bpd. (Golden Ten)

1 minutes ago

A whale has transferred 450,000 HYPE to HyperCore and started selling.

On April 2, per MLM Monitor, crypto whale "Loracle" transferred 450k HYPE tokens (valued at ~$15.5M) from HyperEVM to HyperCore and began selling them roughly 20 minutes ago.

1 minutes ago

Polymarket integrates with Pyth Pro to provide it with traditional asset data feeds

April 2, Prediction market platform Polymarket has integrated Pyth Pro as the data source for its new line of traditional asset contracts. Covering assets ranging from gold and silver to major stock index ETFs, Polymarket leverages Pyth Pro data to offer daily open, high, low, and close prices, while ensuring full transparency via real-time price charts updated every second.

1 minutes ago

The three major U.S. stock indices opened sharply lower, with the Nasdaq down 1.6%.

On April 2nd, per Bitget data, the three major U.S. stock indexes dropped sharply at the market open: the Dow was down 1.2%, the S&P 500 1.1%, and the Nasdaq 1.6%.

1 minutes ago

Uniswap is now live on the Linea network

On April 2nd, Uniswap announced that Uniswap v2, v3, and v4 are now live on the Linea network. Linea—a zkEVM Layer 2 scaling solution developed by Consensys—is now accessible via the Uniswap web app and API, while support for the Uniswap Wallet on iOS and Android is being rolled out gradually.

1 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18