Bitcoin (BTC) is experiencing selling pressure at the $28,000 price level, and miners may be responsible, crypto services provider Matrixport said in a new report. Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.
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BTC/USD$ 98,609.42 0.37%
ETH/USD$ 3,364.99 0.58%
USDT/USD$ 1.00 0.00%
SOL/USD$ 257.42 0.41%
BNB/USD$ 665.49 6.32%
XRP/USD$ 1.54 7.91%
DOGE/USD$ 0.471385 20.57%
USDC/USD$ 1.00 0.08%
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STETH/USD$ 3,365.55 0.67%
TRX/USD$ 0.216236 8.53%
AVAX/USD$ 42.50 13.50%
SHIB/USD$ 0.000027 10.23%
TON/USD$ 5.70 3.13%
WSTETH/USD$ 3,977.22 0.27%
WBTC/USD$ 98,488.39 0.02%
XLM/USD$ 0.435488 49.07%
DOT/USD$ 7.74 26.92%
LINK/USD$ 16.81 10.55%
BCH/USD$ 532.33 8.39%
SUI/USD$ 3.59 0.96%
WETH/USD$ 3,363.53 0.52%
PEPE/USD$ 0.000022 3.72%
LEO/USD$ 8.58 1.70%
LTC/USD$ 102.87 13.18%
NEAR/USD$ 6.24 10.38%
APT/USD$ 12.60 6.39%
UNI/USD$ 10.58 13.07%
WEETH/USD$ 3,541.94 0.57%
HBAR/USD$ 0.149848 8.49%
ICP/USD$ 11.10 14.51%
USDS/USD$ 0.999329 0.01%
CRO/USD$ 0.190414 2.26%
ETC/USD$ 29.61 5.28%
POL/USD$ 0.539187 17.28%
RENDER/USD$ 7.83 7.81%
KAS/USD$ 0.157893 5.50%
TAO/USD$ 527.01 5.49%
BONK/USD$ 0.000052 0.07%
USDE/USD$ 1.00 0.02%
WBT/USD$ 24.62 0.78%
OM/USD$ 3.90 5.93%
VET/USD$ 0.043558 33.94%
FET/USD$ 1.34 6.07%
DAI/USD$ 1.00 0.12%
WIF/USD$ 3.43 4.02%
ARB/USD$ 0.826643 5.68%
STX/USD$ 2.07 6.78%
FIL/USD$ 5.13 10.92%
OKB/USD$ 51.08 11.43%