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via Cointelegraph · By Cointelegraph Staff
Bitcoin Miner Inflows Test BTC Demand Near $75K
BTC
BTC/USDT
$79,747.52
+0.17%
$79,747.52
+0.17%
(24s)24h Volume
$6,105,503,538.28
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
+0.0012%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:04 PM UTC)
1 min read
Bitcoin (BTC) miner inflows to Binance crossed 20,000 BTC for only the second time this year, placing fresh pressure on Bitcoin’s daily uptrend near the $75,000 support zone. Will BTC defend its higher-timeframe bullish structure, or is the market on the verge of a broader bearish trend shift?
BTC miner supply meets weaker demand
Crypto analyst Amr Taha said miners transferred roughly 21,000…
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