EddieJayonCrypto

 19 Dec 23

tl;dr

Bitcoin has dropped below $42,000 as miners continue to sell off the cryptocurrency, distributing another 1,000 BTC. The miner reserve, which tracks the total amount of Bitcoin miners are carrying in their wallets, has been declining, indicating that miners are withdrawing cryptocurrency from their ...

Bitcoin has dropped below $42,000 as miners continue to sell off the cryptocurrency, distributing another 1,000 BTC. The miner reserve, which tracks the total amount of Bitcoin miners are carrying in their wallets, has been declining, indicating that miners are withdrawing cryptocurrency from their wallets, potentially for selling. At the time of writing, Bitcoin is trading around $41,700, up 1% in the past week.

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