CryptoQuant: Bitcoin miner revenue drops to a nearly two-month low, but selling pressure remains
ChainCatcher news, according to CoinDesk, Bitcoin miner revenue has fallen to its lowest level since April, with daily earnings dropping to $34 million. However, despite the decline in profitability, there are no signs of forced selling as the outflow from miner wallets remains low. Additionally, Bitcoin mining companies' reserves are increasing, indicating a long-term strategy being adopted in the current low-price environment.
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