Bitcoin Miners’ Capitulation Post-FOMC Exerts Bearish Pressure on BTC Price
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The current market dynamics post-FOMC are putting Bitcoin miners in a tight spot, leading to massive capitulation and closure of positions. This phenomenon could serve as shock therapy for the market, exposing underlying issues affecting Bitcoin’s recovery trajectory. A significant issue is the selling pressure from Bitcoin miners post-halving, which has capped BTC’s price despite

Source: CoinOtag