$BTC

BTCUSDT Perp

86,033.3

-3.28%

🚨 BITCOIN IS DUMPING AND HERE’S WHY 🤔📢

Bitcoin is down today for a very clear reason, yet almost no one is breaking it down properly 📢

The trigger is coming straight out of China, and the timing is critical 🤔

Yes China is hitting Bitcoin again.

Here’s what’s going on 📢📢

China has tightened restrictions on domestic Bitcoin mining once more 📢

In Xinjiang alone, a large portion of mining operations were shut down in December 📢

Around 400,000 miners went offline in a very short period 🤔

The data already reflects this:

Network hashrate is down roughly 8%.

When miners are forced offline, the effects are immediate:

– Revenue drops instantly

– Cash is needed to cover expenses or relocate

– Some miners are forced to sell BTC

– Short-term uncertainty spikes

That creates genuine sell pressure not speculation.

This is not a long-term bearish signal for Bitcoin.

It’s a temporary supply shock caused by policy decisions, not weakening demand.

We’ve seen this pattern before:

China cracks down → miners shut down → hashrate falls → price shakes → network adapts → Bitcoin keeps moving.

Expect some short-term pain, but long term this changes nothing 🔥📢

#Bitcoin #BTC #China #MarketUpdate