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Bitcoin Hash Rate Drops Amid U.S. Winter Storm, BTC Price Unaffected by Mining Disruption

A severe winter storm across the United States has led to a noticeable decline in the Bitcoin network's hash rate, as mining operations were temporarily disrupted. Despite this significant reduction in computational power securing the blockchain, the cryptocurrency markets have shown remarkable resilience, with Bitcoin's (BTC) price largely shrugging off the potential supply-side impact. Analysts suggest the muted price reaction underscores the network's overall robustness and the market's focus on broader macroeconomic factors rather than short-term mining fluctuations. The event highlights the decentralized and global nature of Bitcoin mining, where hash rate can quickly redistribute geographically following local disruptions.
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