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Bitcoin miners are expected to sell off their holdings as mining revenue drops post-halving, leading to increased selling pressure in the cryptocurrency market. Analysts from Kaiko research firm highlight the challenges miners face including reduced rewards, declining hash rate, and electricity inflation.
Bitcoin could see a wave of forced selling as miners face the reality of lower rewards post-halving, research firm says https://t.co/6w3yZt3HsD
Bitcoin miners may respond to the reversal of the post-halving transaction fee spike and stalled $BTC price rally by trimming their own holdings, analysts said. Reports @godbole17. https://t.co/YYLyLHss2t
#Bitcoin miners could be beginning to feel the pressure of reduced miner rewards, according to @Kaikodata. This could force many to sell their $BTC, putting pressure on the markets. Watch "Chart of the Day" explain, presented by @cryptocom. https://t.co/ICaWhv9vnZ
