The Coin Detective
Coins:
1996
Market cap:
$ 2430.85B
Volume 24h:
$ 192.38B
BTC dominance:
52.2%

Ordinals, BRC-20 Tokens, and Miners Offloading BTC: Why is Bitcoin Down

By cryptopotato.com on May 16, 2023


Miners are contributing to Bitcoin’s local dip as they reduce their reserve balance, but this analyst thinks they may soon reverse course. 

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Related coins: Ordinals, Bitcoin