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Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall

July 6, 2023 by DIGIT
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Bitcoin mining stocks have been on a triple-digit-tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum.

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  • bitcoinBitcoin(BTC)$90,430.00-0.57%
  • ethereumEthereum(ETH)$3,088.36-2.61%
  • tetherTether(USDT)$1.00-0.20%
  • solanaSolana(SOL)$232.356.55%
  • binancecoinBNB(BNB)$625.27-0.44%
  • rippleXRP(XRP)$1.10-3.64%
  • dogecoinDogecoin(DOGE)$0.362392-1.82%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • staked-etherLido Staked Ether(STETH)$3,089.33-2.43%
  • cardanoCardano(ADA)$0.72-5.15%
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  • bitcoinBitcoin(BTC)$90,430.00-0.57%
  • ethereumEthereum(ETH)$3,088.36-2.61%
  • tetherTether(USDT)$1.00-0.20%
  • solanaSolana(SOL)$232.356.55%
  • binancecoinBNB(BNB)$625.27-0.44%
  • rippleXRP(XRP)$1.10-3.64%
  • dogecoinDogecoin(DOGE)$0.362392-1.82%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • staked-etherLido Staked Ether(STETH)$3,089.33-2.43%
  • cardanoCardano(ADA)$0.72-5.15%