Bitcoin Miners Face Severe Pressure as Financial Health Ratio Drops to 10%-30%, Matching Bear Market Levels

BTC-2.05%
According to CryptoQuant analyst Darkfost, Bitcoin miners are facing severe operational pressure, with their financial health ratio (7-day average) currently oscillating between 10% and 30%, a range typically seen during bear market peaks. The deterioration reflects declining profitability across mining operations, based on analysis of miner issuance income, block times, transaction fees, and overall revenue metrics.
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