Bitcoin price recently fell to $59,520, reflecting growing market concerns amid Nasdaq’s plans for Bitcoin Index Options and CME’s introduction of smaller Bitcoin futures.
These developments, combined with Marathon Digital’s expansion into mining other cryptocurrencies, have sparked uncertainty among investors, causing Bitcoin to struggle below the key $60,000 mark. Immediate support lies at $58,000.
Marathon Digital Expands Mining to Include Kaspa, Raising Investor Concerns
Marathon Digital Holdings, a well-known Bitcoin mining company, is expanding its operations to include the mining of other cryptocurrencies, notably the lesser-known altcoin, Kaspa. This strategic move, revealed by CFO Salman Khan, aims to optimize profitability while still prioritizing Bitcoin.
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