‘Unusually Large Miner Selling’ May Have Crashed BTC Price, Not Fundamentals25.66

BTC price crash may have been sparked by an ‘unusual’ uptick in miners selling to finance the BCH hash war, according to BitMEX Research. Meanwhile, other metrics reveal that the recent price decline is disproportional with BTC market fundamentals.

Bitcoin 00 has lost around 45 percent of its value in the past 30 days, according to data from CoinMarketCap.

Original source
https://bitcoinist.com/btc-price-crash-unusual-miner-sell-bch/

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