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Bitcoin’s $7K Drop Sends Miner Revenues to April Lows

On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues tanked to levels they h...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s $7K Drop Sends Miner Revenues to April Lows
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues tanked to levels they haven’t seen since April 8, 2025, leaving many rigs humming just to stay alive. Bitcoin’s Falling Hashprice Puts […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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