Study: Bitcoin ETFs Exert 4-8 Times Greater Impact on BTC Price Than Miners
The Hidden Giants Influencing bitcoin's Price More Than Miners Ever Could When it comes to the high-octane world of bitcoin, everyone seems to have a theory about what drives the price From mainstream adoption to regulatory news, a plethora of factors are often discussed Yet, a fascinating piece of insight reveals that the real movers and shakers in the bitcoin arena may not be the ones we typically imagine According to the data crunchers at Glassnode, bitcoin miners, often portrayed as significant influencers on BTC price, actually have a much smaller impact compared to some of the other heavy hitters in the space Exchange and ETF Influence Trump Miners The influence of bitcoin miners on its price has been a hot topic in the crypto community...
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