Hashrate Sinks to 8-Month Low—Golden Entry or Looming Risk for Bitcoin Miners?

According to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684. 48 EH/s, the lowest since mid-October last year. This decline, from a peak of 966 EH/s on June 20, 2025, raises a significant question: is this an opportunity or a risk for the cryptocurrency market? Hashrate has Decreased, but Not to Its Lowest Although Bitcoin’s current hashrate has fallen to a low level, it is still much higher than the 379. 55 EH/s recorded in July 2023 source: https://beincrypto.com/bitcoin-hashrate-sinks-8-month-low/