Bitcoin Miners Continue to Fuel Selling Pressure, Hindering BTC Price Recovery

Bitcoin miners have been consistently selling off their holdings since the last halving event. This persistent selling pressure is contributing to market stress and affecting Bitcoin’s price stability. On-chain data and key indicators, such as Bitcoin hash ribbons, reveal this ongoing miner capitulation. Discover the ongoing impact of Bitcoin miners’ sell-off on the cryptocurrency market,

Source: CoinOtag