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BTCNEUTRAL
Miners Break Bitcoin Correlation: AI Pivot Drives 430% Gains as Hashrate Plunges
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FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
Bitcoin’s hashrate has slumped for 287 days, but public miners are up over 430% as markets reprice them as AI infrastructure plays rather than Bitcoin proxies.
Bitcoin’s hashrate has slumped for 287 days, but public miners are up over 430% as markets reprice them as AI infrastructure plays rather than Bitcoin proxies.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Neutral market report for BTC: Balanced telemetry.
BTC OVERALL MARKET INDEX: 60 / 100 (BULLISH)
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