Bitcoin Miner Capitulation Impacts Market Trends

Bitcoin miner capitulation continues as historical data suggests it's not yet over, with miners facing challenges due to declining profitability, leading to liquidation of Bitcoin reserves. The hashrate decline indicates many miners are switching off equipment, potentially signaling bottoming conditions. Despite short-term price volatility, market expert Ki Young Ju advises a long-term bullish outlook. Additionally, a Los Angeles designer turned Bitcoin investor highlights the transformative potential of cryptocurrency investments, with BlockDAG projected to reach $30 by 2030. On the political front, Trump's Republican platform supports Bitcoin mining and opposes CBDC issuance, aligning with a pro-crypto stance. Bitcoin miners are leveraging their surplus energy to provide data-center services to AI companies, presenting a lucrative opportunity for both sectors.