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Bitcoin (BTCUSD) Shows Miner Revenue Drop as Puell Multiple Dips Amid Bearish Trends

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The Story

News Summary

  • Bitcoin's Puell Multiple has declined to 0.67, indicating reduced miner revenue amid recent bearish price action.
  • Miner earnings remain under pressure, suggesting that a market bottom may not yet be imminent, though historical trends imply miners could soon approach a turnaround point.
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BTCUSD price history

78227.13 +18.74% over the displayed period

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