Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000
A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analys...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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