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Bitcoin Miners Dumping BTC: Can $60,000 Hold?Bitcoin is currently consolidating around the $60,000 level, a critical juncture after days of selling pressure. While some analysts and investors predict a significant rebound in the coming months, key data suggests the market may not be ready to breakout just yet

Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128

Difficulties and Future Outlook of Bitcoin MinersIn the cryptocurrency market, miners resemble gold diggers chasing the price of digital gold. They sit in front of machines and witness the surge of digital gold

The rebound in Bitcoin prices was not affected by the October bull market miners' sell-offIf you want to huddle together for warmth, or if you have any doubts, Guan Zhu, V Xin, and Gong Chong: You want soft rice and hard food.The price of Bitcoin is on the rise, and despite large-scale selling by miners, Bitcoin remains above $35000

With the success of the first US over-the-counter Bitcoin trading platform trading fund (ETF) appearing to be in sight, the entire cryptocurrency industry is optimistic about how such a product can enhance the legitimacy of Bitcoin in the investment community, drive institutional adoption, and raise Bitcoin prices to the sky, including Bitcoin mining companies.With the imminent launch of the first US over-the-counter Bitcoin trading platform trading fund (ETF), the entire cryptocurrency industry is optimistic about this product, indicating confidence in how it can enhance the legitimacy of Bitcoin in the investment community, drive institutional adoption, and push Bitcoin prices to new highs

It has been proven that mining companies and other companies related to Bitcoin are better than real Bitcoin.Although the value of Bitcoin has almost doubled since the beginning of this year, one of its close neighbors in the investment field has proven to be a more profitable buyer: mining companies

Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?From a historical perspective, as the market finds a balance between buyers and sellers, miners typically sell Bitcoin before a bull market.The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2

Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2.30% in the past 24 hours to $27354 as of the time of publication

Reporter Xie JingEvery edited section refiningBitcoin prices have reached a new milestone! On November 18th, Bitcoin broke through $18000, marking the first time since December 2017. According to non niche data, Bitcoin has increased by 13

Bitcoin has encountered strong selling pressure above the price of $27000! The reason is that the profit margins of Bitcoin miners have been squeezed to the bottom in recent weeks, and they have had to sell off their newly produced Bitcoin on a large scale. What operation is this? Are these miners playing the game of 'new bottles can't hold old wine'?Industry insiders have pointed out that the price of Bitcoin has fallen below the critical $27000, which means we may be facing a bearish trend

Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes

Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), is expected to "merge" in mid September. What will be the impact of this move?On August 12th local time, Ethereum co founder VitalikButerin tweeted that the blockchain software upgrade, known as a "merger" in the encryption field, is expected to occur around September 15th, although the exact date depends on the hash rate