Bitcoin Miners' Financial Health Ratio Falls to 10%-30% Range, Approaching Bear Market Stress Levels: CryptoQuant

BTC-1.41%
According to CryptoQuant analyst Darkfost, as reported by PANews on July 18, Bitcoin miners' financial health ratio fell to the 10%-30% range (7-day average), reflecting earnings pressure comparable to historical bear market peaks. The metric, derived from miner revenue, block time, transaction fees, and overall earnings data, indicates mining profitability is under significant strain.
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