via Cointelegraph · By Cointelegraph Staff
Bitcoin Miner Inflows Test BTC Demand Near $75K
BTC/USDT
$4,292,236,230.42
$64,599.95 / $63,937.72
Change: $662.23 (1.04%)
+0.0035%
Longs pay
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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