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Bitcoin (BTCUSD) Struggles Below Key Moving Averages Amid Rising Miner Stress

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The Story

News Summary

  • Bitcoin faces growing miner stress amid falling profitability and elevated network difficulty, struggling below key moving averages.
  • Market sentiment remains fragile, with demand for blockspace subdued and downward risks elevated despite price lingering near $88,000.
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Stored market data

BTCUSD price history

75439.62 +14.76% over the displayed period

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