According to OKLink's data, the computing power of Bitcoin and Ethereum continued to decline in the past week. The average computing power of Bitcoin in the past three days is only 103.03 EH/s. Based on the historical high of 180EH/s in May this year, computing power has dropped by nearly 43%. The total computing power of Ethereum in the past three days is 502.98 TH/s, which is more than 12% lower than the previous high of the entire network.
According to the broader market, the U.S. stock blockchain sector rose pre-market, with Canaan Technology (CAN.O) rising more than 5%, SOS (SOS.N) rising 4.85%, Ninth City (NCTY.O) rising 3.61%, Bit Digital ( BTBT.O) rose 3.57%, MicroStrategy (MSTR.O) rose 3.3%, and Ebon International (EBON.O) rose 2.92%.