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Did a massive Chinese power outage cause Bitcoin’s crash down to $50k?

April 19, 2021 by DIGIT
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On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000.

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Categories Hash rate, Will Woo, Xinjiang
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  • bitcoinBitcoin(BTC)$100,928.00-4.36%
  • ethereumEthereum(ETH)$3,679.96-5.24%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$2.36-8.21%
  • binancecoinBNB(BNB)$695.00-4.06%
  • solanaSolana(SOL)$207.17-7.10%
  • dogecoinDogecoin(DOGE)$0.361412-8.90%
  • usd-coinUSDC(USDC)$1.000.09%
  • staked-etherLido Staked Ether(STETH)$3,674.58-5.18%
  • cardanoCardano(ADA)$0.98-7.17%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$100,928.00-4.36%
  • ethereumEthereum(ETH)$3,679.96-5.24%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$2.36-8.21%
  • binancecoinBNB(BNB)$695.00-4.06%
  • solanaSolana(SOL)$207.17-7.10%
  • dogecoinDogecoin(DOGE)$0.361412-8.90%
  • usd-coinUSDC(USDC)$1.000.09%
  • staked-etherLido Staked Ether(STETH)$3,674.58-5.18%
  • cardanoCardano(ADA)$0.98-7.17%