BTC Miner's bankruptcy accelerates

BTC-Miners-bankruptcy-accelerates

Core Scientific (CORZ), a leading BTC mining company, experienced cash liquidity problems, followed by Stronghold Digtal Mining (SDGI) falling -25.4% on news of the NASDAQ delisting crisis.
And Crypto industry stocks, mostly listed on NASDAQ, are on the crush

Although BTC prices have fallen for a year and are located at 16K, the Hashrate, which shows the mining competition, has reached an annual maximum.
However, Hashrate (MA30) has recently begun to fall, and BTC mining difficulties have also declined.
for the above reasons, the BTC miners began to give up mining and could soon become a chain reaction.

A fall in the price of shares in NASDAQ-listed mining companies will make it difficult to raise cash liquidity, and more companies will eventually go bankrupt.
News of their bankruptcy will act as downward pressure, and BTC is likely to be dumped.

However, the surrender of the miners was the main bottom signal of the BTC. If dumping occurs, don't be afraid to buy BTC.