Bitcoin Miners Face Capitulation Challenges Despite Price Recovery

Bitcoin miners are currently navigating through turbulent waters as they face the risk of capitulation. Despite Bitcoin’s recent uptick in price, many miners are still struggling to maintain profitability. Ki Young Ju, founder of CryptoQuant, has underscored the continuing difficulties faced by miners. Bitcoin miners confront severe challenges as they attempt to stave off capitulation.

Source: CoinOtag