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Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures

Bitcoinist LogoBitcoinist1w ago

Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures - Bitcoinist

Quick Summary:

Bitcoin is now at a pivotal moment as its price continues to range within a narrow band, hovering above $83,000 and below $86,000 since last Saturday.

The tight consolidation reflects market hesitation, as traders and investors brace for a significant move in either direction.

As Bitcoin clings to its current range, all eyes are on whether it will break upward into recovery or slide into deeper correction.

More Pictures

Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures - Bitcoinist (Picture 1)Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 00:00:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 655 words

Reading Time: 4 minutes read

Sentences: 61 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27970370

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures" has 655 words across 61 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures" was covered 1 weeks ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 8 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27970370
  • URL: https://polinwei.beamstart.com/news/bitcoin-miners-stay-confident-amid-17449367131071

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