Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000

A mixture of speculators repeatedly opening new lengthy positions and miners dumping נitcoin to pay for {hardware} upgrades triggered the highest cryptocurrency to plunge to $58,000, in response to an onchain analyst. The analyst expects the highest crypto asset to rebound as soon as the continued “culling of weak miners” is full. Speculators Contribute to Bitcoin’s Plunge In accordance […]



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