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Bitcoin (BTCUSD) Struggles Amid Rising US Yields and Mining Hashrate Decline, Stablecoin Demand Slows

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The Story

News Summary

  • Bitcoin struggles to recover amid rising US real yields and falling hashrate as miners shift capital to AI.
  • Stablecoin velocity increases, potentially reducing stablecoin demand, though market cap is expected to grow to $2 trillion by 2028.
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BTCUSD price history

77576.96 +17.75% over the displayed period

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