Bitcoin (BTC) miners are currently navigating through a period of significant challenge and adjustment, marked by intensified selling and strategic maneuvers in response to evolving market conditions. As of June 2024, miner capitulation has entered its 33rd day, highlighting prolonged financial pressures exacerbated by previous halving events. This article delves into the implications of miner behavior on BTC’s price dynamics, hash rate trends, and the broader cryptocurrency ecosystem.&middot

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