▫️ Miner pool decreased by 4,775 BTC. Due to reduced network activity and lower exchange rates, miners are earning significantly less and are selling their reserves to cover ongoing electricity costs. #BTC#Bitcoin#mining
▫️ Bitcoin sets a hard support threshold between $23,055 and $23,800. At $23,055, 1.52 million addresses bought nearly 910,000 bitcoins for the first time
▫️ Note that according to IOMAP into theblock, Bitcoin is facing little resistance ahead.#BTC#bitcoin#Cryptocurency
▫️ Bitcoin sets a hard support threshold between $23,055 and $23,800. At $23,055, 1.52 million addresses bought nearly 910,000 bitcoins for the first time
▫️Note that according to IOMAP into theblock, Bitcoin is facing little resistance ahead #Bitcoin#cryptocurrency#BTC#Crypto
▫️NFT projects ranked by social activity. All sources collected from social mentions and activities over a period of time.
▫️Social activity measures overall social, including likes, retweets, replies and followings. Count "shared voices" across all social media data #NFTs#NFT
▫️ In July 2022, Bitcoin mining revenue was down 10.6% from June reported revenue: $668M -> $597M. The main reason for the decline is the drop in the price of Bitcoin. In fact, the number of Bitcoins mined has even increased slightly. #BTC#Bitcoin#mining
Bitcoin fell below the key support area between$22,850 and $23,530. $23,530 area, with over700,000 addresses buying nearly 595,000 BTC
As long as Bitcoin continues to trade below this area of interest, it will increase the chances of a drop to the next key support around $21,440.