The post Bitcoin Mining Profitability Rose But Bitcoin Price Dropping appeared first on Coinpedia Fintech News As the Price of Bitcoin dropped below $57,000, marking an over 8.70% decline in just the past week, largely due to mounting bearish sentiment. Perhaps the fall of BTC price the U.S.-listed mining companies defied market trends by increasing their production of Bitcoin, despite a notable drop in the network hashrate. This increase in mining …
