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Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall

July 6, 2023 by DIGIT
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Bitcoin mining stocks have been on a triple-digit-tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum.

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  • bitcoinBitcoin(BTC)$69,751.00-7.38%
  • ethereumEthereum(ETH)$2,062.00-6.37%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$677.58-8.65%
  • rippleXRP(XRP)$1.36-13.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$89.20-5.28%
  • tronTRON(TRX)$0.277641-2.38%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.098573-6.83%
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  • bitcoinBitcoin(BTC)$69,751.00-7.38%
  • ethereumEthereum(ETH)$2,062.00-6.37%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$677.58-8.65%
  • rippleXRP(XRP)$1.36-13.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$89.20-5.28%
  • tronTRON(TRX)$0.277641-2.38%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.098573-6.83%