🚀 Bitcoin Miners Back in the Green! 🚀

Great news for Bitcoin enthusiasts! After a challenging period since the mid-April halving, Bitcoin miners are finally seeing green again. Thanks to BTC's massive recovery over the past week, miners have completed crucial machinery upgrades and are now operating profitably. 📈

The Miner Sustainability metric indicates that miners are now fairly compensated, marking their return to profitability for the first time in a month. This shift is expected to stabilize their financial positions and reduce the need to sell BTC to cover operational costs.

With miners no longer a major source of sell-side pressure, the market dynamics are changing. Institutional and government BTC movements are now playing a more significant role in determining BTC's price. Despite these shifts, BTC has been on a strong recovery path, reaching a 38-day high of $68,560. 🌟

Stay tuned for more bullish trends as the market continues to rally! 🚀