🚨 $HIVE & $MARA crank up Bitcoin mining — Warning for $BTC swing?
Mining giants $HIVE and $MARA announced they are expanding hash‑rate capacity despite earnings slipping as $BTC slides under $75k.
📊 Market impact:
• $BTC retreated 0.6% to $74,592, testing the $74,700 support zone.
• $HIVE stock‑linked token sees upside pressure as production ↑ 12% QoQ.
• $MARA follows suit, hash‑rate up 9% while revenue down 7%.
• Key $BTC resistance at $75,500; next target $77,200 if buying resumes.
⚠️ Risk: Higher supply could cap $BTC upside if demand stalls, but lower price may attract cost‑average buyers.
Bullish long‑term or short‑term noise? Share your thoughts below 👇
$HIVE $MARA $BTC #Crypto #Mining #BTC
Mining giants $HIVE and $MARA announced they are expanding hash‑rate capacity despite earnings slipping as $BTC slides under $75k.
📊 Market impact:
• $BTC retreated 0.6% to $74,592, testing the $74,700 support zone.
• $HIVE stock‑linked token sees upside pressure as production ↑ 12% QoQ.
• $MARA follows suit, hash‑rate up 9% while revenue down 7%.
• Key $BTC resistance at $75,500; next target $77,200 if buying resumes.
⚠️ Risk: Higher supply could cap $BTC upside if demand stalls, but lower price may attract cost‑average buyers.
Bullish long‑term or short‑term noise? Share your thoughts below 👇
$HIVE $MARA $BTC #Crypto #Mining #BTC
