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Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K

Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K

Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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