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Hashrate recovery reduces Bitcoin miners’ selling pressure in July

July 31, 2024 by DIGIT
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Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.

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Categories Bitcoin mining hashrate increased in July as prices have recovered, easing selling pressure from miners' reserves.
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  • bitcoinBitcoin(BTC)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,395.00-3.24%
  • ethereumEthereum(ETH)$3,026.28-3.98%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.74%
  • binancecoinBNB(BNB)$884.60-2.09%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$133.56-4.25%
  • tronTRON(TRX)$0.285909-0.25%
  • staked-etherLido Staked Ether(STETH)$3,026.04-3.98%
  • dogecoinDogecoin(DOGE)$0.139732-5.68%