Miner Capitulation Gets Ugly

A few widow-makers hanging over Bitcoin this week, and the post-halving miner capitulation has begun. What we're starting to see, and why, when we look back, this will be remembered as a wild week. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling LINKS: Travis Kling on X: "All at the same time Hashrate continues to fall. When Bitcoin drops to $62K it means miners enter limbo and the first circle of Dante’s Hell. The miner capitulation is over—bitcoin’s next bull run begins. - YouTube Bitcoin (BTC) Miner CleanSpark (CLSK) to Buy Peer Griid (GRDI) for $155M Enterprise Value First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step - MarketWatch Fed Rate Cuts Latest: Favorite Underlying Inflation Gauge Is Seen Cooling - Bloomberg Dashboard | Truflation California Reveals All Job Gains In 2023 Were Fake Yahoo News clip Carl Louis on X FDIC Thread Muntiny Wallet: Updates after DNS issues Strike launches in the UK following European rollout Jack Dorsey & Lyn Alden | The Power of Open Source - YouTube BBC coverage of Bitcoin since 2013 Nostr: Find my Nostr Public Key at ChrisLAS.com MUSIC: Live While I’m Alive by Abel James