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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
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.