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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)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%
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  • bitcoinBitcoin(BTC)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%