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CryptoAug 14, 2026, 5:00 PM

Bitcoin Dips Below $63,000 as Public Miners Cut Hashrate by 21%

Bitcoin slipped below $63,000, while publicly listed miners trimmed hashrate by 21% over three quarters; the ECB noted crypto payments remain uncommon in eurozone online commerce.

BTCUSD

Digital asset markets faced fresh selling pressure as Bitcoin traded under the $63,000 level. Publicly listed mining companies cut combined hashrate by 21% over the past three quarters.

Other headlines from the digest:

  • The ECB said crypto payments have not taken hold in eurozone online commerce.
  • Moscow security forces carried out searches at the Gorbushka electronics market.
  • The US plans to strengthen cybercrime enforcement with private-sector involvement.
  • Google and OpenAI showed faster AI solutions; Z.ai introduced GLM-5.3 for programming.
  • Figure grew its credit business to $4.3 billion, and DeepSeek released an open-source alternative to Claude Code along with V4 Pro.

Source: ForkLog

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