Bitcoin (BTC) $108,979.46 0.75%
Ethereum (ETH) $2,561.27 1.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 151.721096 2.52%
Cardano (ADA) $0.59 2.74%
Chainlink (LINK) $13.46 2.31%
Litecoin (LTC) $88.26 2.02%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.255199 2.00%
Dash (DASH) $20.13 1.51%
X-CASH (XCASH) 3.0E-6 2.01%
Dogecoin (DOGE) $0.00 3.25%

Cryptocurrencies: 26585

Markets: 104250

Market Cap: $3,363,512,843,742

24h Vol: $68,523,822,230

CoinGape

2022-12-08 09:18:10

Bitcoin (BTC) Price Dump Incoming? On-Chain Data Reveals Bottom

Bitcoin (BTC) Price Dump Incoming? On-Chain Data Reveals Bottom

Bitcoin (BTC) price failed to hold above $17k and fell to the support near $16,500 again. The BTC price remains under pressure as miner capitulation risk continues to haunt traders looking to make long positions. On-chain data reveals miners are indeed liquidating their Bitcoin holdings due to financial constraints. The effect can be easily seen The post Bitcoin (BTC) Price Dump Incoming? On-Chain Data Reveals Bottom appeared first on CoinGape .

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