Markets· ★★★· bearish·

Bitcoin drops 3.41% to hold near $83,000 as miner selling weighs

  • —BTC fell 3.41% to $84,169, with an intraday low of $83,017
  • —Miners sent 19,866 BTC to Binance
  • —Sequans sold its final 314 BTC and closed its treasury
  • —Trading volume was 21.54% above the 30-day average
Why it matters: Rising miner supply and the exit of a corporate holder are pressuring prices, but holding $83,000 keeps the short-term uptrend intact.
Source: DiarioBitcoin