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Bitcoin price struggles to breach $27,000 as miners sell 1,000 BTC worth $27 million
The concerns regarding Bitcoin price recovery are spreading in the crypto market. Beyond impacting the price of other cryptocurrencies, the bearishness is also reaching miners. The worries surrounding the US debt ceiling are being felt but not reflected in the stock market. Bitcoin price declines while TradFi booms: Bitcoin price is still in the sub $26,000 levels after observing a 3% decline over the last 24 hours. This has resulted in miners selling their reserves in order to either prevent further losses or to continue to power their systems. In the span of 24 hours, these miners sold nearly 1,000 BTC worth close ... (full story)
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- May 26, 2023 4:15am May 26, 2023 4:15am
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XMR - | Joined Sep 2022 | Status: Member | 43 Comments
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- Posted: May 26, 2023 3:00am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 68
