Bitcoin Miner Capitulation Suggests Potential BTC Price Rebound Amidst Financial Pressures

Bitcoin miners are currently grappling with immense financial pressures following the recent completion of the fourth halving event. These challenges have forced miners to liquidate their BTC holdings to cover operating expenses. Recent on-chain data reveals a capitulation wave among miners that mirrors the period shortly after the FTX exchange collapse in December 2022. Bitcoin

Source: CoinOtag