BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction shows that investors do not automatically reward every corporate move in cryptocurrencies.

In a July 16 SEC filing, the company disclosed the purchase of 42,197 ETH worth approximately $73 million. The acquisition expands BitMine’s Ethereum treasury strategy at a time when public companies are still experimenting with how far they can push cryptocurrency exposure as part of managing a company’s balance sheet.

The headline sounds bullish for Ethereum. A public company purchasing tens of thousands of ETH is not a diminutive move. However, BitMine shares fell in the following session, suggesting that equity investors may be viewing this strategy with more caution than enthusiasm.

This contrast is history. Cryptocurrency investors may view treasury accumulation as a belief. Stock investors may perceive concentration risk.

Reference: KNOT

TL;DR

• BitMine disclosed the purchase of 42,197 ETH worth approximately $73 million.
• The acquisition expands the company’s Ethereum treasury strategy.
• BMNR shares fell after the news was revealed, suggesting investors are questioning the risk/reward of the move.

Ethereum treasury strategies are getting bigger

Corporate cryptocurrency strategies are no longer restricted to Bitcoin.

Bitcoin remains the cleanest and most established balance sheet asset in the sector, largely because it is more easily explained by digital scarcity or macro-security. Ethereum is more complicated. ETH has a broader history of usefulness, but this also means investors need to understand staking, astute contracts, DeFi, network fees, regulation and ecosystem risk.

This makes BitMine’s move engaging.

The purchase of ETH for $73 million is not just a symbolic allocation. This is a earnest commitment to Ethereum as a treasury asset. According to available filings and market data, the filing details the acquisition of 42,197 ETH and places it on a much larger Ethereum-focused balance sheet.

To cryptocurrency-savvy readers, this may look like an aggressive bet on Ethereum’s long-term role. For equity investors, this may raise another question: Is BitMine still valued as an operating company, or is it becoming a leveraged public market proxy for ETH?

This distinction is significant because the exchange does not always treat cryptocurrency exposure in the way that cryptocurrency investors expect.

Why stock market reaction matters

When a company announces a enormous cryptocurrency purchase and the stock falls, the market sends a message.

This doesn’t necessarily mean that investors think Ethereum is faint. This may mean they are unsure whether the company’s treasury strategy improves shareholder value. Public market investors pay attention to dilution, financing terms, execution risk, custody, accounting treatment and whether management is using capital efficiently.

If a company’s core business is already tied to cryptocurrencies, adding more ETH could intensify the same risk, not diversify it.

This is why BitMine’s stock movement matters. This suggests that the stock market may be less impressed by headline accumulation than the cryptocurrency market. Investors may be asking whether the company has enough operational strength to support the strategy, or whether the company’s stock is currently largely based on ETH price performance.

This is a challenge that every public cryptocurrency company faces.

The growing cryptocurrency market can make a strategy look brilliant. A discount may make her seem reckless. The difference often depends on timing, leverage, investor expectations and whether the company can explain why owning a given asset strengthens the company.

What does this say about demand for Ethereum

For Ethereum itself, corporate purchases remain a constructive signal.

The more entities that treat ETH as a treasury asset, the stronger the argument that Ethereum is maturing beyond a trading token. ETFs, staking infrastructure, tokenization and DeFi already support the institutional argument. Collecting treasures adds another layer.

But BitMine’s reaction also shows that demand for Ethereum treasures is not a one-way narrative.

Investors may support ETH exposure in some structures and reject it in others. A spot ETF may be easier for institutions to understand than shares of a company with associated operational risks. A pure fund product may be better than a public mining or infrastructure company using its balance sheet to accumulate tokens.

This doesn’t mean that BitMine’s strategy is bad. This simply means that the market will judge it based on more than just the price of ETH.

The next thing to check is whether BitMine can show a clear reason for holding such a enormous Ethereum vault. If the strategy is supported by a coherent capital plan, trust framework and operating model, investors can feel more comfortable. If this looks like a bet based solely on price, the stock could remain volatile.

When it comes to cryptocurrency markets, purchasing still matters. This is another example of ETH being included in the corporate treasury discussion. In the case of stock markets, the message is more cautious: just buying Ethereum is not enough. Public companies still have to prove that the allocation makes sense for shareholders.

This article is based on BitMine’s SEC filings and BMNR market data.

This article was written by the News Desk and edited by Samuel Rae.

A recent discussion about Bitcoin improvements brings back into focus one of the most divisive questions on the web: what should Bitcoin block space be used for? BIP-110, a proposal under discussion by developers, aims to limit transaction types to peer-to-peer payments and transfers, which could impact string-heavy activity such as ordinals and runes.

TL;DR

• Bitcoin creators discuss BIP-110.
• The proposal would aim to filter transaction types perceived as spam on-chain.
• Ordinal numbers and runes are at the center of the debate.
• BIP-110 is a proposal, not an lively or planned strenuous fork.

The debate is not recent. As Ordinals introduced inscription-style activity to Bitcoin, users have argued over whether this demand is a robust fee market or a misuse of the chain. Supporters argue that Bitcoin is a permissionless network and users should be able to pay for block space. Critics say non-payment data clogs the network and distances Bitcoin from its original monetary purpose.

The argument of payment purism

The argument for BIP-110 is based on a straightforward view of Bitcoin: the network should prioritize payments and the transfer of value. From this perspective, transactions containing cryptographic data are treated as a distraction from Bitcoin’s core function. If the network becomes too congested with non-payment traffic, regular users may be subject to higher fees and longer confirmation times.

This argument has gained recent attention as ordinals and runes are reported to make up a gigantic portion of current Bitcoin network traffic. By some estimates, captioning activity accounts for more than two-thirds of traffic. Even if this number changes over time, it explains why the problem keeps recurring. Block space is limited and everyone using Bitcoin is competing for it.

Open block space argument

The other side sees this proposal completely differently. For supporters of ordinals and runes, the point of Bitcoin is that users can broadcast significant transactions without asking for permission. They argue that if someone pays a fee and follows consensus rules, the network should not decide whether a transaction is morally or culturally acceptable.

There is also an economic argument. More activity means more fees. As Bitcoin’s block subsidy decreases over time, transaction fees become increasingly significant to miners’ revenues. From this point of view, the captions may be sloppy, speculative, or even annoying, but they also assist build the fee market that Bitcoin ultimately needs.

A proposal, not a policy

The most significant caveat is that BIP-110 is not a planned strenuous fork and should not be reported as such. This is an lively proposal and debate. Bitcoin’s development process is intentionally tardy, conservative, and hard to push through. A technical idea can create a lot of noise without ever becoming network policy.

Still, the conversation matters because it shows that the debate over Bitcoin’s identity is far from settled. Is Bitcoin just money, or is it a settlement layer where any valid transaction can compete? BIP-110 may or may not advance, but the controversy surrounding it will continue to shape the way users, miners and developers think about the future of the network.

For readers, the next few sessions matter because Bitcoin often needs confirmation from several places at once: spot demand, exchange flows, derivative positioning, and broader macro sentiment. One signal can start a conversation, but a stronger reading will occur when these signals start to stack.

This report is based on information from Bitcoin BIP repository on GitHub.

This article was written by the News Desk and edited by Samuel Rae.

TL;DR

• In a post from June 20, X stated that the price of Bitcoin is once again falling below the average cost of production.
• The poster formulated the signal as a possible stress for miners, and not necessarily the beginning of a novel bear market.
• The TradingView setup with Smart_money_Fx shows that BTC is reacting in the $60,000-$62,000 support region.

Bitcoin miner stress comes up in conversation

#Bitcoin is again below the average production cost

Historically, this usually indicated miners’ stress and a overdue bear market #cryptonot the beginning of one

So bear or bull? pic.twitter.com/aaaD8wcROG

— shabr.eth (@mail2shabr) June 20, 2026

Bitcoin’s recent move near the low $60,000s has brought a familiar on-chain debate back to lightweight: What happens when the BTC price is close to or below the estimated cost of production? In a June 20 post on X, Shabr.eth stated that Bitcoin’s price is once again below the average cost of production, adding that this has historically indicated miners’ stress and the overdue phase of a bear market, not the beginning.

Claims should be treated with caution as estimated production costs vary depending on the model, energy assumptions and extraction efficiency used. Still, this insight is useful for shaping the market. When Bitcoin is trading near levels that are putting pressure on miners, investors often start watching to see if weaker operators sell reserves, reduce activity, or are forced into an already sensitive market.

The support reaction keeps the bulls in the game

The technical picture is not entirely bearish. TradingView idea from Smart_money_Fx described BTCUSD reaching a major support zone after a pointed correction from recent highs. The analyst said the recent recovery from the tender low suggests that liquidity may have been taken away while the price continues to remain in the demand area around $60,000-$62,000.

This aligns with the miner’s stress narrative. If Bitcoin can continue to stay in the same broad zone where production cost concerns are emerging, bulls could argue that the market is creating a sustained reaction area. However, if this zone fails, the pressure on miners and leveraged traders could become a bigger part of the bad story.

Which would prove strength

To get a stronger bullish reading, BTC would need to do more than just stop falling. It would need to regain local resistance, print a more convincing change in market structure and show that support is defended by real demand, not compact cover.

Until then, the discussion about production costs will be a warning signal, not a trade signal itself. It highlights the stress beneath the market, while the chart shows the area where the stress is absorbed or turns into another leg lower.

This report is based on information from shabr.eth to X AND TradingView Smart_money_Fx.

This article was written by the News Desk and edited by Samuel Rae.

About 20 percent Bitcoin mining is currently loss-making. This single fact explains much of what was happening across the sector in early 2026, as publicly traded miners raced to sell their shares just to keep the lights on.

Profits crushed to the bone

Hashprice – the daily income earned by a miner per unit of computing power – has been dwindling since July 2025. It is currently around $33 per you petash per second per day, according to Hashrate Index data.

The break-even point for many miners, especially those using older machines, is around $35. This gap, as miniature as it looks on paper, puts a gigantic part of the industry in the red.

According to data from the largest listed mining companies – among them MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer – a total of over 32,000 BTC was offloaded in the first three months of 2026. Energy storage.

This number eclipses everything the same companies sold in all four quarters of 2025. It also exceeds the previous quarterly record of approximately 20,000 BTC, set in the second quarter of 2022, when the collapse of the Terra-Luna ecosystem sent markets crashing.

Three combined forces led miners to this record: the expanding network hashrate which resulted in increased competition, reduced block rewards after the last halving, and broader economic problems that kept Bitcoin prices under pressure.

Mining reserves have been depleting for years

The sale in the first quarter of 2026 did not come out of nowhere. Data from CryptoQuant shows that the total amount of Bitcoin held by miners worldwide has been dwindling since 2023.

At the end of this year, miners collectively held over 1.86 million BTC. That number has since dropped to about 1.8 million. The trend is ponderous but steady – and record sales in the first quarter may have accelerated it even further.

Asset manager CoinShares warned in its Q1 2026 bitcoin mining report that more problems could be coming. Higher-cost operators should expect further capitulation in the first half of this year, the company said, unless Bitcoin’s price sees a significant rebound.

Think ₿igger. pic.twitter.com/L1yH3n0k7t

— Michael Saylor (@saylor) April 12, 2026

Bond buyers step in as miners retreat

While miners are selling, corporate buyers are moving in the opposite direction. Strategythe largest Bitcoin treasury company in terms of holdings, continues to strengthen its position.

Co-founder Michael Saylor signaled earlier this week that another purchase was in the works by sharing a chart of the company’s BTC acquisition history – a move that his followers began to read as an almost certain signal of an imminent purchase.

Featured image from MetaAI, chart from TradingView

Fierce winter storm that swept much of the United States over the weekend, forced much of the Bitcoin mining fleet to cut power, leaving the network much weaker for a compact time.

Reports say power outages and extreme weather have forced some operators to pause or leisurely down their platforms so local networks can breathe. The result was a dramatic, if fleeting, decline in the total mining power securing the blockchain.

Miners adjust their energy consumption

According to mining operators on the ground, the break was intentional. Many farms shed the machines to ease the burden on regional utilities as demand rose and production fell.

Ample Mines, an Oregon-based cryptocurrency mining company, said about 40% of global mining capacity was knocked offline within 24 hours. This kind of rapid scaling is possible because miners can quickly shut down and restart equipment, which in some regions acts as a huge, elastic electrical load that can be trimmed as needed.

Bitcoin hashrate just dropped below 700 EH/s

Probable cause: A winter storm hitting Texas and the Southeast, where much of U.S. mining takes place. Power outages and voluntary network stabilization measures caused miners to stop working.

What does this mean:
– Fewer miners online… pic.twitter.com/j0lv7bU9JN

— Ample Mines (@AbundantMines) January 25, 2026

Hashrate drop and quick recovery

Based on reports from mining trackers, network hashrate dropped started sharply on Friday and hit a seven-month low on Sunday, dropping to around 663 EH/s. Within a day or so, as crews worked and weather systems changed, the value increased again to 854 EH/s.

Hashrate index estimates that the United States supplies almost 38% of the world’s extractive energy, so disruptions in the country quickly show up in global totals.

A report by the federal Energy Information Administration indicated that there are more than 130 specialized cryptocurrency mining sites across the United States, which means that storms that affect huge regions can heavily impact mining resources.

Bitcoin price action

The price moved with the headlines, but not in a straight line. Based on reports, Bitcoin was trading around $88,300 due to volatility, with swings linked to both weather and broader geopolitical tensions.

BTCUSD now trading at 87,866. Chart: TradingView

The market has previously seen gains of nearly $96,000 during periods of geopolitical stress, while other periods of growth have pushed prices lower as macroeconomic risks boost.

The traders watched closely; the fleeting drop in hashrate raised doubts about miners’ short-term revenues, but did not cause a solemn collapse in market value.

As a winter storm hits the US, Bitcoin mining companies scale back operations to support the power grid.

Over the past few days, their daily Bitcoin production has dropped significantly.

CLSK: 22 bitcoins –> 12 bitcoins
Riots: 16 –> 3
MARA: 45 –> 7 (more variable because it brings out the “solo”)… pic.twitter.com/SzgcbtgQ5V

— Julio Moreno (@jjcmoreno) January 26, 2026

Gigantic miners felt the effects

Analyst firms have reported edged declines in output from some huge U.S. miners. According to data collected by market monitors, Marathon Digital’s daily production dropped from 45 to seven coins in one day, while IREN increased from 18 to six.

As the storm hit, CryptoQuant saw slower daily digs from several major operators. Reports show that in Texas, miners have been working with network managers to support balance supply and demand, using their machines to draw in additional power when available and withdrawing when the network is under strain.

Featured image from Pexels, chart from TradingView

Binance founder Changpeng Zhao’s tough reminder to buy low and sell high comes at a tense time for cryptocurrency traders. His line – “Sell when there is maximum greed and buy when fear is maximum” — was published as markets showed fresh signs of stress and debate over whether now is a buying moment or another blackout.

CZ’s message is met with extreme fear

According to the Crypto Fear & Greed Index, sentiment recently rose to 20, emerging from “Extreme Fear” after a series of low readings. On November 22, the index reached a yearly low of 10, and the market remained at extremes for eighteen days fear.

Unpopular opinion, but it is better to sell when there is maximum greed and to buy when there is maximum fear.

— CZ BNB (@cz_binance) November 29, 2025

Analysts described this episode as unusually deep. Matthew Hyland described it as the “most extreme level of fear” in the cycle, and other traders argued that calling it extreme was being generous.

Bitcoin is holding up, but the mood is feeble

Based on reports, Bitcoin it was trading at $91,780, a far cry from the all-time high of $126,000 reached in October. Prices continue to rise from 2024 lows of just over $40,000, but confidence is low.

Santiment tracked chatter online and found that chatter focused more on volatility and institutional moves than excitement. The Altcoin Season Index hit 22/100, a clear sign that investors are in favor of safety.

Market psychology invalidates charts

Traders quickly reacted to CZ’s post. One user said that in real trading, emotions often trump logic. Another noted that markets tend to follow psychology long before technical signals appear. This discrepancy between traders’ knowledge and what they do was on full display: many agree with this rule, and few actually follow it when prices fall.

History provides a guide, not a guarantee

Reports have revealed that some analysts are seeing a pattern. Nicola Duke pointed out that over the last five years, every time the market reached extreme fear, Bitcoin found a local bottom within weeks.

While past episodes can provide context, they don’t promise the same result now. Bitwise researcher André Dragosch warned that current prices reflect recession-level global growth prospects – the most bearish setting since 2020 and 2022 – increasing real risk for buyers.

Bitcoin Coinbase Premium becomes positive after 29 days

Meanwhile, Coinbase’s Bitcoin (BTC) premium has finally returned to positive territory after being in the red for almost a month.

Data from Coin On the 30th, it showed a premium of 0.0255%, which was the first positive reading in 29 days. For almost a month, the negative premium suggested that selling pressure was dominating the US market and traders and traders were leaning towards caution.

The Coinbase premium tracks how the price of Bitcoin on Coinbase, a major U.S. exchange, compares to the global average. When it is positive, it means that the US price is higher than the global average.

This is often seen as a sign of increased U.S. purchasing, more institutions getting involved, dollar liquidity regaining and overall investor confidence improving.

Featured image from Gemini, chart from TradingView

Christian’s journey with the written word began long before the Bitcoin era. In the holy academic rooms, he refined his craft as a writer in his paper. This early love of telling the story paved the way to a successful place as an editor at the Data Engineering company, in which his essay from the first month he financed the monthly supply of Doggie and Kitty Treaty-consciousness of his dedication for his furry comrades (more later).

Then Christian wandered around the world of journalism, working in newspapers in Canada and even in South Korea. Finally, he settled in a local information giant in his hometown in the Philippines for a decade, becoming a total junk of messages. But then something modern caught his eyes: cryptocurrency. It was like a search for treasures mixed with telling stories – straight his alley!

So he landed the killer in NewsBTC, where he is one of the guys for all Crypto things. He breaks these misleading things into pieces of bite -sized pieces, making it easier for everyone to understand (greets his managing team for teaching him this skill).

Do you think Christian is a job and without fun? There is no chance! When he is not at your computer, you will find him when he has a passion for motorcycles. Real equipment, Christian loves to tinker with his bike and enjoy the joy of an open road to its 320 cm3 Yamaha R3. Once a speed demon that hit 120 km / h (a feat he swore he would never happen again), now he prefers calmly riding along the coast, enjoying the wind in his hair.

Speaking of coldness, Christian has a crew of fur friends who are waiting for him at home. Two cats and a dog. He swears that cats are smarter than dogs (sorry, grizzly), but he loves them all. Apparently watching his animals just rest, helps him analyze and write meticulously formatted articles.

It’s about this guy: he works a lot, but he stays on enough coffee to go through all day – and a bit delicious (Filipino) food. He says that a delicious meal is a secret component of a deadly article. After a long day of cryptocurrencies, crusades relax with rum (mixed with milk) while watching Slapstick movies.

Looking to the future, Christian sees a radiant future with Newsbtc. He says he sees that he is privileged to be part of an amazing organization, sharing his knowledge and passion with the community he values, and other editors – and bosses – he deeply respects.

So the next time you enter the world of cryptocurrency, remember a man standing behind the words – cryptor crusader, fat monkey and cats, all in one.

Bitcoin and the entire cryptocurrency market are bleeding due to the many challenges that have befallen the industry. From the Terra crash and continued interest rate increases to the FTX implosion, the market has not enjoyed a full month of positive price trend.

While investors cry over the loss of investment funds, Bitcoin miners are struggling to stay afloat. As a result, the price of BTC continues to fall, even with rising electricity costs for miners. But surprisingly, many miners in Russia will now buy mining rigs.

Why are Russian miners buying bitcoin mining rigs?

According to a recent Kommersant report, many miners in Russia will take over more Bitcoin rigs in the fourth quarter of 2022. Additionally, researchers found that sales of ASIC rigs surged towards the end of the year. This is surprising considering the continued decline in crypto assets in the market.

Upon closer inspection, it became clear that Russian miners were enjoying lower electricity costs. In addition, the country has provided many regions with cheaper electricity, facilitating the development of households and businesses in these places. So while other miners in countries struggle with high energy costs, their Russian counterparts have more access to it.

Another reason for stocking up on more ASIC cryptocurrency mining rigs is the economical hardware offerings. As a result, ASIC prices in the country have dropped, prompting many miners to take action to acquire more.

Another reason that led to this raise in mining rig purchases was the growing interest in cryptocurrency mining as a viable investment opportunity. According to the co-founder of Xive Didar BekbauowBitcoin mining has become attractive due to lower investment opportunities, sanctions, and high-tech qualifications of many people in the country.

The buying spree began after the Ministry of Finance of the Russian Federation (MiFin) and the Bank of Russia (BoR) agreed to support cryptocurrency mining. However, this was allowed in regions with larger energy allocations, not those with confined energy supplies.

Secondly, Russian regulators have introduced a draft law legalizing mining and the sale of mining assets in the country. This bill was submitted to Russia’s State Duma, the lower parliament.

Financial analyst Vladislav Antony also said that the lower price of ASIC mining devices, which is currently close to production costs, is a good incentive for fresh investors. Mining revenues in Russia have recently increased, even though the BTC price is at its lowest level in almost two years.

Mining rig suppliers sales report

In October and November, one of the distributors of mining platforms in Russia, Chikot, recorded higher sales. This result differed from the records for the third quarter.

Data shows that Chikotu’s sales in Q1-Q3 were higher than 2021 sales by 65%. By August and October 2022, the price of the equipment dropped by nearly 20% and remained at the same level in the following months.

As a result, Chikot saw up to a 30% raise in mining rig purchases in a single transaction, which is different from the records seen in early 2022.

Featured image from Pixabay, chart from TradingView.com

After a year-long winter that was accompanied by huge losses in the mining sector, Bitcoin’s recent recovery is bringing relief to miners. Moreover, the rise in Bitcoin prices has taken a toll on cryptocurrency mining companies as they have been the highest performers in the past year.

During the 2022 bear market, public cryptocurrency miners saw liabilities of up to $4 billion due to low profitability and share prices. As a result, many miners who were struggling to stay afloat resorted to selling their coin reserves to raise liquidity.

Bitfarm and other record-breaking full-year highs in mining stocks

The first two weeks of 2023 brought relief to miners as the BTC price rebounded. Among the biggest gainers is Bitfarms, which recorded an raise of 140%. in the first 14 days of January.

Marathon Digital Holdings Inc. followed Bitfarms with a 120% surge in mining stocks. Hive Blockchain Technologies Restricted also saw its stock grow, almost doubling its original value in the first two weeks of the year.

MVIS Global Digital Assets Mining Index increased by 64% in January, while Luxor Hash Price Index recorded an raise of 21%. The Luxor Hashprice Index quantifies the possible profit of miners based on the consumption of computing power on the Bitcoin network. The significant raise in these indices partly reflects the raise in mining rewards due to the raise in Bitcoin prices.

The 2021 crypto bull market has prompted many private mining companies to publicly declare their shares. Many Bitcoin mining companies have borrowed huge sums for expansion during the 2021 bull market, hoping to break even as profits emerge. Some invested heavily in purchasing equipment and expanding mining infrastructure.

However, the long crypto winter of 2022 has left these companies vulnerable, leading some to financial meltdown. Liabilities negatively impacted their financial situation during the 2022 bear market. The report shows that public Bitcoin miners have over $4 billion in liabilities, while the largest BTC mining debtors collectively owe nearly $2.5 billion.

These huge liabilities, combined with high energy, affected the operations of these companies in the winter when profits were low. Most had difficulty maintaining minimum operating standards, and some were unable to keep up with production costs. As a result, leading Bitcoin mining companies such as Core Scientific had no choice but to declare bankruptcy.

The surge in Bitcoin mining stocks is boosting the performance of BTC ETFs

BTC price rebound in January is a breath of fresh air for miners. Once-slumping cryptocurrency mining stocks just hit fresh all-time highs. These recent results also affected BTC ETFs. The data shows that BTC ETFs have outperformed most equity ETFs.

After a year of turmoil, ETFs regained top positions on the performance charts in January 2023. Valkyrie’s Bitcoin Miners ETF (WGMI) has outperformed the equity ETF market, up 40% since inception.

Senior ETF Analyst at Bloomberg, Eric Balchunasstated that the Valkyrie Bitcoin Mining ETF is very dense, with investments in just 20 companies, including Intel, Bitfarm and Argo Blockchain.

The WGMI ETF was listed on Nasdaq in February 2022, but did not include direct investments in BTC. Instead, the majority of net assets (at least 80%) offer exposure to Bitcoin through securities with 50% of the profit coming from BTC mining. Valkyrie invested the remaining 20% ​​in companies with a enormous portion of their assets held in Bitcoin.

Overall, cryptocurrency ETFs have underperformed in 2022 due to the prolonged bear market. However, things seem to be getting back to normal as Bitcoin regains lost ground. BTC is currently trading at $21,248 with a 24-hour price change.

Featured image from Pixabay/WorldSpectrum, charts from Tradingview