A sharp drop in Bitcoin mining difficulty, shrinking exchange reserves, and a formal ban on yuan-pegged stablecoins point to tightening supply and rising policy headwinds. Traders debate whether panic selling and leverage unwinds mark a bottom near $50,000 while builders pivot to modular ecosystems for real-world assets. The signals suggest heightened volatility but a longer-term shift toward off-exchange accumulation.
Reddit
#cryptocurrency markets
#blockchain regulation
#bitcoin mining
#stablecoins
