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Bitcoin network’s computing power: Is it an accurate predictor of BTC price?

March 21, 2021 by DIGIT
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Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past.

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Categories Hash rate, Market Analysis, Markets, mining, price prediction
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  • bitcoinBitcoin(BTC)$98,189.00-0.43%
  • ethereumEthereum(ETH)$3,425.372.31%
  • tetherTether(USDT)$1.00-0.05%
  • solanaSolana(SOL)$258.34-0.15%
  • binancecoinBNB(BNB)$658.962.11%
  • rippleXRP(XRP)$1.47-3.06%
  • dogecoinDogecoin(DOGE)$0.439159-4.32%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • cardanoCardano(ADA)$1.081.23%
  • staked-etherLido Staked Ether(STETH)$3,421.202.04%
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  • bitcoinBitcoin(BTC)$98,189.00-0.43%
  • ethereumEthereum(ETH)$3,425.372.31%
  • tetherTether(USDT)$1.00-0.05%
  • solanaSolana(SOL)$258.34-0.15%
  • binancecoinBNB(BNB)$658.962.11%
  • rippleXRP(XRP)$1.47-3.06%
  • dogecoinDogecoin(DOGE)$0.439159-4.32%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • cardanoCardano(ADA)$1.081.23%
  • staked-etherLido Staked Ether(STETH)$3,421.202.04%