BPOI Banner
(CryptoQuant) (CryptoQuant)

Have Bitcoin (BTC) Prices Bottomed? Miner Capitulation Data Indicates Major Selling Pressure is Done

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Source link

Shaurya Malwa

https://www.coindesk.com/markets/2024/08/14/bitcoin-miner-capitulation-and-record-high-hashrate-points-to-possible-price-bottom-cryptoquant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-14 07:01:16

bitcoin
Bitcoin (BTC) $ 91,155.42 3.93%
ethereum
Ethereum (ETH) $ 3,110.37 2.33%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 219.30 4.78%
bnb
BNB (BNB) $ 623.83 1.50%
dogecoin
Dogecoin (DOGE) $ 0.379573 3.38%
xrp
XRP (XRP) $ 0.967485 23.33%
usd-coin
USDC (USDC) $ 1.00 0.05%
staked-ether
Lido Staked Ether (STETH) $ 3,109.77 2.39%
cardano
Cardano (ADA) $ 0.727398 23.65%
tron
TRON (TRX) $ 0.191414 6.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 8.72%
avalanche-2
Avalanche (AVAX) $ 34.47 9.01%
the-open-network
Toncoin (TON) $ 5.42 3.46%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,007.38 3.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,683.46 1.97%
sui
Sui (SUI) $ 3.75 15.24%
pepe
Pepe (PEPE) $ 0.000022 11.41%
weth
WETH (WETH) $ 3,110.23 2.45%
chainlink
Chainlink (LINK) $ 14.07 6.90%
bitcoin-cash
Bitcoin Cash (BCH) $ 434.96 4.38%
near
NEAR Protocol (NEAR) $ 6.22 14.63%
polkadot
Polkadot (DOT) $ 5.25 8.04%
leo-token
LEO Token (LEO) $ 7.69 3.33%
litecoin
Litecoin (LTC) $ 86.42 6.35%
aptos
Aptos (APT) $ 12.13 3.94%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,274.90 2.17%
uniswap
Uniswap (UNI) $ 8.84 9.54%
usds
USDS (USDS) $ 0.995553 0.71%
crypto-com-chain
Cronos (CRO) $ 0.16741 3.95%
stellar
Stellar (XLM) $ 0.150592 16.69%
internet-computer
Internet Computer (ICP) $ 9.07 13.94%
bittensor
Bittensor (TAO) $ 525.65 4.56%
dogwifcoin
dogwifhat (WIF) $ 3.75 5.13%
kaspa
Kaspa (KAS) $ 0.144856 12.32%
ethereum-classic
Ethereum Classic (ETC) $ 23.63 7.62%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.29 5.13%
dai
Dai (DAI) $ 0.998852 0.27%
hedera-hashgraph
Hedera (HBAR) $ 0.086892 28.38%
whitebit
WhiteBIT Coin (WBT) $ 22.28 0.18%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.401367 12.22%
bonk
Bonk (BONK) $ 0.000042 15.42%
blockstack
Stacks (STX) $ 1.92 7.53%
render-token
Render (RENDER) $ 7.09 6.77%
monero
Monero (XMR) $ 147.90 0.45%
okb
OKB (OKB) $ 44.06 1.90%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.04%
filecoin
Filecoin (FIL) $ 4.23 8.95%
aave
Aave (AAVE) $ 167.21 6.86%