🚀 Bitcoin Miners Rejoice! 🚀
Bitcoin's July price recovery has miners grinning from ear to ear! 😁 CryptoQuant's report reveals a 50% boost in daily revenues since early July, hitting $32 million. This surge has miners selling less BTC, reducing market pressure.
- **Hashrate Up:** From 604 EH/s, a 6% rise since July 9.
- **Price Boost:** BTC up nearly 6% in 30 days, trading around $66,500.
- **Less Selling:** Daily outflows now $5K-$10K, down from $10K-$20K.
Big miners are hodling, while smaller ones are cashing out. What’s your take? Comment below! 💬