Some machines can perform with no degradation to speed, while older machines must drop performance by ~30% to achieve the same results.”

The Takeaway

Three significant factors colluded to cloud the cryptocurrency market with a gloomy outlook.

VanEck SolidX’s ETF withdrawal, a sudden hash rate crash, and Bakkt’s weak debut happened in nearly perfect unison, giving a sideways BTC the motives needed to break down.

At this point, we’re watching and waiting for the carnage to slow before freshly assessing the charts.