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Stocks of Bitcoin mining companies decrease before halving event, but miners still hopeful
Bitcoin miners are experiencing a significant drop in stock prices as the upcoming halving is slated for later this week. The fourth Bitcoin halving, around April 20, will slash mining rewards by half to 3.125 BTC, currently valued at approximately $200,000. Bitcoin Miner Stocks Decline The stock prices of Marathon Digital (MARA) and Riot Blockchain (RIOT),…
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Bitcoin Traders Decrease Risks Before Halving: CryptoQuant
Bitcoin’s drop to $61,000 during the weekend was a result of traders reducing their exposure to the digital asset ahead of the halving scheduled for April 20, as per the latest CryptoQuant weekly report. Analysts noted that traders closed their long positions to lock in profits, leading to a dominance of sell orders over buy…