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Bitcoin Miners Bring Face a Wave of Forced Selling, Research Firm Says

"If miners were forced to sell even a fraction of their holdings over the coming month this would have a negative impact on markets," Kaiki Research wrote.

By: Business Insider

May 20 2024
7
3717 Views

Bitcoin's halving in April could force crypto miners to sell some tokens, Kaiko Research reported. The event has left miners with fewer rewards while operating costs remain high. These firms haven't yet had to tap their bitcoin hoards thanks to high ... [2349 chars]

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