Bitcoin's price has experienced a correction recently, dropping from almost $102,000 to around $93,000. This has been attributed to geopolitical developments, including statements from the US president and Elon Musk. Max Keiser, Bitcoin advisor to El Salvador's president, believes that looking at Bitcoin's hash rate is more informative than its price. The hash rate, which measures the health and security of the Bitcoin network, saw a significant increase of 24.78% on January 12. Additionally, the number of large Bitcoin transactions has fallen by 51.64% in the past month, indicating a reduction in whale activity.



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