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Galaxy Research: Bitcoin miners have entered the surrender phase

2026-06-21 05:51:32

Golden Finance reports that on June 21, Galaxy Research posted an analysis on the X platform indicating that Bitcoin miners have entered a "surrender" phase. Currently, Bitcoin mining difficulty has decreased by over 20% from its all-time high, representing the largest difficulty retracement since 2021. Typically, a significant drop in mining difficulty usually means that some miners are exiting the network due to profit pressures, and the market is undergoing a hash rate adjustment phase.

BTC0.76%

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