(BTCUS stock markets fell sharply on January 5, reacting negatively to the minutes of the Federal Reserve’s meeting in December, which showed that Members expect to reduce the balance sheet They start after the Fed starts raising interest rates in early 2022.
Adding to the negative sentiment was the shutdown of the world’s second largest bitcoin mining center in Kazakhstan, where the internet was shut down after massive protests by citizens. This caused a decrease of about 13.4% of the Bitcoin network’s total hash rate From 205,000 petahashes per second to 177.330 petahs per second.
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