VanEck: Bitcoin Hashrate Drop Linked to 65% Odds of 90-Day Gains
VanEck said on Dec. 23 that Bitcoin 90-day forward returns are positive 65% of the time after hashrate declines, compared to 54% when hashrate rises, citing data since 2014. Network hashrate fell 4% in the month through Dec. 15, marking the biggest drop since April 2024, the report said.