The hashrate shock from extreme weather in the U.S. revives a historically bullish onchain indicator.
As bitcoin miners cut unprofitable production, Hash Ribbon metric points to BTC price rebound
AI IMPORTANCE: 6/10
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AI INSIGHT
U.S. bitcoin miners cut unprofitable production amid extreme weather on Jan. 27, 2026; Bitcoin network hashrate fell and the Hash Ribbons metric flipped to a 'buy' signal, on-chain data show.
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