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Bitcoin Miners Suffer Sharp Margin Crush; BTCUSD Proxies Dive as Ethereum Futures Surge

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin miners face severe margin pressure due to rising costs and falling mining rewards, causing sharp declines in mining stocks like American Bitcoin.
  • Meanwhile, Ethereum derivatives volumes surge, and crypto-adjacent firms like Kalshi gain momentum with major funding rounds.
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BTCUSD price history

75903.63 +15.46% over the displayed period

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