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Cryptocurrencies: 29371
Markets: 112824
Market Cap: $2,188,419,672,046     
24h Vol: $49,917,473,856
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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