TechFlow news, according to CryptoQuant data, Bitcoin network hashrate has dropped to its lowest level since December 2022, when FTX collapsed and the bear market was at its deepest.
According to CryptoQuant, the current decline in Bitcoin's true hashrate is -7.6%, which may indicate that decentralized asset prices have bottomed out.
Other indicators such as Bitcoin exchange reserves, Miner Position Index (MPI), and Bitcoin miner reserves also support the view that the market has bottomed, all showing signs of low selling pressure.




