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Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex

Miner reserves saw continued net outflows since bitcoin ETF debut, falling to their lowest level since June 2021.

The upcoming Bitcoin halving will cut block rewards in half, pressuring bitcoin miners (Tony Litvyak/Unsplash, modified by CoinDesk)
The upcoming Bitcoin halving will cut block rewards in half, pressuring bitcoin miners (Tony Litvyak/Unsplash, modified by CoinDesk)