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Bitcoin miners are selling off their Bitcoin holdings in order to make up for rising energy costs and the declining value of the cryptocurrency.
Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong.
Cryptocurrencies sold off this morning even as stocks rebounded from their early-morning troubles.
The Bitcoin (CRYPTO: BTC) price is down 7% over the past 24 hours, bringing it uncomfortably close to this line in the sand.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero