Bitcoin price continues to trade sideways this week, with little change in trading volume over the past 24 hours. After peaking at $25k on Sunday, BTCUSD struggles to hold support and continues to decline, currently trading in the high $23k range. The 24-hour trading volume remains relatively unchanged in the $29.5 billion range. Key Points: Bitcoin continues to trade sideways with a narrowing range. Miners lost over $1 billion in Q2 2022 due to crypto winter. Some mining companies ended up selling machines to cover existing debt last quarter. Celsius receives multiple cash injection offers, raising creditors’ hope of getting
The post Bitcoin Price Trades Sideways at the $24K Level, Miners Face Substantial Losses appeared first on The Merkle News.
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