Bitcoin (BTC) continues its struggle to regain momentum in the market, the cryptocurrency is now facing another challenge—an alarming decline in miner reserves. This downturn in reserves, the lowest in three years, could have significant implications for Bitcoin’s price and market dynamics.
Miner Reserves Plummet After Halving
The recent Bitcoin Halving, an event that occurs approximately every four years and reduces the block rewards miners receive for their efforts, has played a crucial role in this trend.·
For the full story, head over to TheCurrencyAnalytics.com.
