Don’t Blame Bitcoin Miners For Price Dips, Says Analyst

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Don’t Blame Bitcoin Miners For Price Dips, Says Analyst

There’s little reason to believe that Bitcoin (BTC) miners are responsible for downturns in BTC’s price, according to crypto intelligence firm Coin Metrics.
Per Karim Helmy, Senior R&D Analyst ad the firm, this is due to the small scale of miner deposits in comparison to total exchange flows, and the lack of correlation between miner-exchange flows and  Read more »
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