Coinbase Says Bitcoin Miners Selling $19M Coins Daily Doesn’t Matter

A report from Coinbase Global Inc (NASDAQ: COIN) finds that even if all the newly issued Bitcoin (CRYPTO: BTC) was sold into the market every day, it would only equate to a minimal amount of selling pressure.   What Happened: In a report published last week, research analysts at Coinbase analysts explained that the extent to which miners sell their BTC holdings naturally increases during cyclical turndowns.