Bitcoin Miners Play Pivotal Role in Crypto’s Price
It stands to reason that cryptocurrency miners, including those residing in exchange traded funds such as the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), play important roles in affecting bitcoin prices. After all, these companies accumulate bitcoin through their mining activities and there are times when they are sellers. In previous eras of bitcoin weakness, miners [...] The post Bitcoin Miners Play Pivotal Role in Crypto’s Price appeared first on ETF Trends.
It stands to reason that cryptocurrency miners, including those residing in exchange traded funds such as the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), play important roles in affecting bitcoin prices. After all, these companies accumulate bitcoin through their mining activities and there are times when they are sellers. In previous eras of bitcoin weakness, miners [...]
The post Bitcoin Miners Play Pivotal Role in Crypto’s Price appeared first on ETF Trends.
