Stable Bitcoin Prices Benefit Miners, Mining Giants Expand Crypto Market Layout
Analysts from the research and brokerage firm Bernstein have highlighted the unexpected benefits that stable Bitcoin prices bring to cryptocurrency mining. Despite the current lack of significant fluctuations in Bitcoin's price, which hovers between $50,000 and $60,000, the situation has proven advantageous for mining operations, especially after Bitcoin's fourth halving on April 20.
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