#CryptoMarketMoves

Bitcoin Miner Revenue Soared Above $800 Million Despite Bearish Market

According to data from analytics the Block, Bitcoin ($BTC ) #miners revenue for August totaled $851 million, marking a significant 10.5% decrease from July's $927.35 million. This figure represents a staggering 57% drop from the 2024 peak of $1.93 billion recorded in March, coinciding with Bitcoin's all-time high of over $73,500.

While BTC is currently hovering under $60,000, many analysts believe the coin will rebound, and reach new price Highs in the future...