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Bitcoin Miners Face Financial Pressure Amid Rising Outflows and Market Volatility

source-logo  coingape.com  + 1 more 16 August 2024 22:24, UTC

Bitcoin miners are observing a notable market shift. Recent data shows that nearly 75% of circulating Bitcoin has remained stationary for over six months. This trend underscores a growing preference among holders for ‘HODL,’ potentially stabilizing the cryptocurrency’s value despite recent price swings.

coingape.com

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