Bitcoin sales by miners begin to fall, suggesting a potential reduction in sell pressure

exchange68September 11, 2024

0 0 2 minutes read

The Bitcoin halving slashed rewards to 3.125 BTC on April 20, pushing the mining landscape into new challenges. The reduction in block rewards has sparked a battle for survival, compelling miners to adapt or exit the network. With transaction fees momentarily cushioning the blow, questions loom about the long-term viability of these compensations. As the market adjusts and weaker miners are filtered out, a critical trend emerges: reduced Bitcoin selling by miners. Will this shift significantly impact Bitcoin’s market dynamics and selling pressure? Find out how the continued survival of robust miners might reshape the financial landscape of Bitcoin.

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