Bitcoin Miners on Edge: 51% Attack Fears Spike Following Monero’s Security Breach

Just days after Monero's network got rocked by a 51% attack, Bitcoin miners are sweating bullets—wondering if they're next on the hit list.

Security Shake-Up

Monero’s breach sent shockwaves through crypto circles. Attackers hijacked over half the network’s hash rate—rewriting transaction history and shaking trust in 'unhackable' systems.

Bitcoin’s Big Target

With Bitcoin’s market cap dwarfing most altcoins, it’s the ultimate prize. Miners now scramble to boost defenses, knowing a successful attack here could tank the whole market—and maybe even trigger a few Wall Street smirkfests about 'decentralized fragility.'

No system’s bulletproof—not even Bitcoin. Stay alert, stack wisely, and maybe keep an eye on that hash rate.

Bitcoin Price Pressure

These security issues follow as the price of Bitcoin is under intense pressure. Following last week’s all-time high at $124,457, BTC has fallen to around $113,000 and is making its way towards a crucial support at $110,530. A breakdown below that level could open the door to deeper losses, possibly toward $107,000 or even $100,000 in the NEAR timeline. 

However, supporters of Bitcoin argue that miners have no incentive to attack the network that secures their own profits. Still, after Monero’s breach, the perception of risk alone is proving enough to rattle market confidence and fuel debate about the centralization of mining power.

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