Bitcoin Miners Face Toughest Revenue Drop in 11 Months: Is a Major Sell-Off Looming?

Bitcoin miners experienced their worst revenue month in nearly a year during August, marking the lowest earnings since September 2023. Miner’s revenue plummeted by 57% from the peak of 2024, raising concerns about potential future sell-offs in the Bitcoin market.  Meanwhile, stablecoin exchange inflows are nearing all-time lows, adding more pressure on Bitcoin’s price. Bitcoin … source: https://coinpedia.org/news/bitcoin-miners-face-toughest-revenue-drop-in-11-months-is-a-major-sell-off-looming/