After briefly topping $117,000 on enthusiasm around the Fed's latest rate cut, Bitcoin has stumbled back toward $112,000, reigniting concern that September's reputation as a difficult month for crypto may hold true once again.
Bitcoin price dropped 3% this week below key moving averages while social "buy the dip" calls surge, but liquidity analysis points to potential further decline to $107,000.
What could spark the next major rally in digital assets? According to David Duong, head of research at Coinbase Institutional, the answer lies in a combination of monetary policy and corporate money.
HIVE expands to 20 EH/s hashrate with Paraguay Phase 3 deployment, achieving 55% mining margin at 18 J/TH efficiency. Company targets 25 EH/s by Thanksgiving with hydroelectric-powered operations.
