Bitcoin’s struggle to maintain momentum, which has seen its price climb by more than 20% since Aug. 17, continued Wednesday as the cryptocurrency fluctuated between $77,000 and $79,000. Market data showed bitcoin appeared to lose momentum close to the $79,000 range, but saw growing buying pressure pull the price back toward $78,000. This price action […] from Bitcoin News https://ift.tt/XoBYEht
As market sentiment improves, Bitcoin’s hashprice has risen significantly, bringing renewed activity to mining communities after a prolonged slowdown. Although higher cryptocurrency prices benefit the industry as a whole, experienced miners know that navigating market cycles requires more than accumulating mining rewards during downturns and selling into strength. A steady source of long-term referral income […] from Bitcoin News https://ift.tt/U3vzx5R