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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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  • bitcoinBitcoin(BTC)$68,631.00-0.58%
  • ethereumEthereum(ETH)$2,013.82-0.97%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.410.29%
  • binancecoinBNB(BNB)$627.090.33%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.060.35%
  • tronTRON(TRX)$0.276642-0.25%
  • dogecoinDogecoin(DOGE)$0.092945-0.78%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%
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  • bitcoinBitcoin(BTC)$68,631.00-0.58%
  • ethereumEthereum(ETH)$2,013.82-0.97%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.410.29%
  • binancecoinBNB(BNB)$627.090.33%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.060.35%
  • tronTRON(TRX)$0.276642-0.25%
  • dogecoinDogecoin(DOGE)$0.092945-0.78%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%