Today's cryptocurrency market has seen a significant downturn, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) experiencing substantial price drops. Here is an analysis of the main reasons behind this crash:1. Stock Market Decline Drags Crypto DownToday's opening of the U.S. stock market was marked by a decline, with the Nasdaq index already entering a bear market. The drop in stocks inevitably pulls the cryptocurrency market down as well, given their deep interlinkage. Bitc...

Currently, Bitcoin miners are facing unprecedented survival challenges:Transaction fees have plummeted.Operating costs have skyrocketed.Profit margins are severely compressed.Small miners are finding it increasingly difficult to sustain operations and are exiting the market, leading to a decline in hash rate and threats to network security. Against this backdrop, the survival strategies of Bitcoin miners and the future development of the Bitcoin ecosystem have become focal points in the indus...