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CoinGape

Bitcoin miners faced pressure as profitability hit a 12-month low. Telegram’s on-chain volume dropped to a 9-month low

CoinGape
Summary
Nutrition label

64% Informative

Bitcoin miners face pressure as profitability hit a 12-month low, leading to consolidation among smaller operators.

Bitcoin , the market leader, is also facing significant headwinds.

On-chain volume of ETH dropped to a 9-month-low , signaling reduced network activity and falling prices.

XRP volatility continued amid ongoing SEC legal battles, while Toncoin declined after Telegram CEO's arrest.

The legal troubles surrounding Durov have cast a shadow over Toncoin .

This led to increased selling pressure as the broader crypto market decline today .

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VR Score

45

Informative language

34

Neutral language

49

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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