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Bitcoin Miner Stress Hits ‘Historically Rare’ Level as 20% of Miners Operate at a Loss

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Abstract
Bitcoin’s Miner Cycle Stress Composite has fallen to a new 2026 low and entered its “undervalued” range, a synchronized decline previously seen only near the market’s major bottoms in 2015, 2018 and 2020. The reading arrives with bitcoin trading near $63,800 and nearly one in five miners producing coins at a loss. A Rare Signal […]
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