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

June 27, 2024
in Crypto Mining
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A mix of speculators repeatedly opening new lengthy positions and miners dumping נitcoin to pay for {hardware} upgrades induced the highest cryptocurrency to plunge to $58,000, in line with an onchain analyst. The analyst expects the highest crypto asset to rebound as soon as the continuing “culling of weak miners” is full. Speculators Contribute to Bitcoin’s Plunge In accordance […]



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Tags: AnalystBitcoinBTCsMinersPlungeresponsibleSpeculators
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