BTC Miners' Revenue Reaches Two-Month High
Bitcoin miners' revenue on Thursday totaled 552 BTC (over $37 million), up 12% from the previous day. This increase in revenue is due to an increase in transaction fees, which have grown by 166% over the week.
For the first time in a month, miners have decided to hold their Bitcoins rather than sell them, creating potential for further growth in BTC to an all-time high of $73,764.
If the holding trend continues, this will strengthen Bitcoin's position. However, if sales resume, a correction to $64,300 is possible.
