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Bitcoin ETFs have 4-8X more BTC price influence than miners — Research

July 18, 2024 by DIGIT
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Bitcoin miners’ “market influence” pales in comparison to the ETFs and exchanges when it comes to BTC price pressure, says Glassnode.

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Categories Bitcoin, BTC Price, Miners
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  • ethereumEthereum(ETH)$3,034.71-4.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.28%
  • binancecoinBNB(BNB)$883.91-2.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.20-3.83%
  • tronTRON(TRX)$0.2869990.11%
  • staked-etherLido Staked Ether(STETH)$3,036.44-4.00%
  • dogecoinDogecoin(DOGE)$0.139742-4.82%
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  • bitcoinBitcoin(BTC)$89,608.00-2.74%
  • ethereumEthereum(ETH)$3,034.71-4.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.28%
  • binancecoinBNB(BNB)$883.91-2.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.20-3.83%
  • tronTRON(TRX)$0.2869990.11%
  • staked-etherLido Staked Ether(STETH)$3,036.44-4.00%
  • dogecoinDogecoin(DOGE)$0.139742-4.82%