Market insight — Bitcoin miners dumped 28,000 $BTC worth $1.78 BILLION this year, an overlooked force behind the 27% crash.
It now costs around $74,000 to mine one Bitcoin, well above the $63,000 price, squeezing miners into selling.
#Crypto #TechnicalAnalysis #Binance
It now costs around $74,000 to mine one Bitcoin, well above the $63,000 price, squeezing miners into selling.
#Crypto #TechnicalAnalysis #Binance