BTC Mining Revenue Remains Stable; Ronin Network Suffers Largest Ever Exploit
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On Wednesday, the broader crypto market experienced a slight correction. As of the time of writing, BTC is consolidating above the $47k handle after a marginal dip of 0.35% over the last 24 hours. The largest crypto by market cap seems to be struggling to gain the necessary momentum to break above the $48k resistance zone. However, and in some better news, a downside correction for BTC may also be limited to the $46k level as a key breakout pattern with its lower bound near the $46.3k mark has formed on the hourly chart.