June 10, 2025

Bitcoin Mining Struggles Signal Potential Price Bottom, Reports Show

1 min read

Bitcoin miners are exhibiting signs of capitulation, signaling a potential price bottom according to recent data. Following the April halving event, many miners have decommissioned their underperforming hardware, selling off their Bitcoin holdings. CryptoQuant data suggests that the low earnings for miners since April historically indicate price bottoms, with miner revenues dropping alongside network hash

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Source: CoinOtag

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