November 5, 2025

Bitcoin’s $7K Drop Sends Miner Revenues to April Lows

On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues tanked to levels they haven’t seen since April 8, 2025, …

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