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CoinGape 2024-02-17 10:28:13

Bitcoin Miners Under Pressure To Sell, Is BTC Price Retracement Below $50K Imminent?

Bitcoin price has surged 25% since the spot Bitcoin ETF launch in the United States and significant Bitcoin accumulation by large whales in 2024. Given the low BTC supply coupled with rising mining difficulty situation, an increase in block size could potentially add pressure on miners to sell their holdings. Crypto Fear & Greed Index The post Bitcoin Miners Under Pressure To Sell, Is BTC Price Retracement Below $50K Imminent? appeared first on CoinGape .

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