We are going to see a strong year end rally in btc if the bitcoin etf is going to be approved as all fund managers will want to show that they have crypto in their books. Typical window dressing situation. Get ready for a boost.
How is it possible that btc hash rate hits new all time high and bitcoin crashes. Blackrock invested heavily in Bitcoin mining companies last year and a conspiracy theorie tell that they will make mining non profitable to take over and bring it under goverment control.