Bitcoin (BTC) is experiencing selling pressure at the $28,000 price level, and miners may be responsible, crypto-services provider Matrixport said in a report Friday. Matrixport said it suspects that bitcoin miners are being forced to liquidate any new inventory produced because profit margins have compressed in recent weeks.
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Bitcoin (BTC) is experiencing selling pressure at the $28,000 price level, and miners may be responsible, crypto-services provider Matrixport said in a report Friday. Matrixport said it suspects that bitcoin miners are being forced to liquidate any new inventory produced because profit margins have compressed in recent weeks.