Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?
60-second summary
Bitcoin miner inflows to Binance are surging as the cryptocurrency struggles to maintain its uptrend, with over $1 billion in inflows in the past 30 days.
Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.