Bitcoin Faces More Downside as Miners Join the BTC Selloff

As leading coin Bitcoin weathers one of its most bearish weeks since the start of the year, on-chain data suggests that miners have contributed significantly to the growing sell-side pressure.   On-chain data reveals that miners on the Bitcoin network have ramped up their coin-selling activity, a trend that could exacerbate the downward pressure on the coin’s price. Bitcoin Bears Take Control as Miner Reserve Dips According to CryptoQuant’s data, the BTC miner reserve has steadily decreased this week. As of this writing, it stands at 1 source: https://beincrypto.com/bitcoin-decline-miners-join-selloff/