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CryptoQuant: Bitcoin miners' income drops to two-month low, but selling pressure still exists
Summary: According to reports, Bitcoin miners' income has dropped to the lowest level since April, with daily earnings falling to $34 million. However, despite the decrease in profitability, there are still signs of selling pressure due to the low outflow from miners' wallets. Additionally, reserves of Bitcoin mining companies are increasing, indicating a long-term strategic approach ...
According to reports, Bitcoin miners' income has dropped to the lowest level since April, with daily earnings falling to $34 million. However, despite the decrease in profitability, there are still signs of selling pressure due to the low outflow from miners' wallets. Additionally, reserves of Bitcoin mining companies are increasing, indicating a long-term strategic approach in the current low-price environment. (CoinDesk)
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Link: CryptoQuant: Bitcoin miners' income drops to two-month low, but selling pressure still exists [Copy]
