CoinDesk·4 min read·hard
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
O
Omkar Godbole
✦AI Summary
Publicly listed Bitcoin miners have sold 28,000 BTC worth $1.78 billion this year, contributing to the cryptocurrency's price decline. Many miners are now pivoting toward AI infrastructure due to squeezed profit margins.
The leading cryptocurrency by market value has tanked 27% since the start of 2026 to just under $64,000, underperforming every major asset, including the S&P 500 Index.
cryptobusinessai
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