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Hashrate recovery reduces Bitcoin miners’ selling pressure in July

July 31, 2024 by DIGIT
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Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.

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Categories Bitcoin mining hashrate increased in July as prices have recovered, easing selling pressure from miners' reserves.
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  • bitcoinBitcoin(BTC)$69,475.00-1.27%
  • ethereumEthereum(ETH)$2,489.90-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$568.08-1.62%
  • solanaSolana(SOL)$164.15-1.48%
  • usd-coinUSDC(USDC)$1.00-0.06%
  • rippleXRP(XRP)$0.51-1.97%
  • staked-etherLido Staked Ether(STETH)$2,488.73-1.48%
  • dogecoinDogecoin(DOGE)$0.157718-2.81%
  • tronTRON(TRX)$0.166250-0.56%
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  • bitcoinBitcoin(BTC)$69,475.00-1.27%
  • ethereumEthereum(ETH)$2,489.90-1.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$568.08-1.62%
  • solanaSolana(SOL)$164.15-1.48%
  • usd-coinUSDC(USDC)$1.00-0.06%
  • rippleXRP(XRP)$0.51-1.97%
  • staked-etherLido Staked Ether(STETH)$2,488.73-1.48%
  • dogecoinDogecoin(DOGE)$0.157718-2.81%
  • tronTRON(TRX)$0.166250-0.56%