Bitcoin Holds Steady at $84K as Miners Sell and Analysts Predict Gold Flip
Bitcoin ( BTC ) is showing resilience despite market-wide jitters, hovering around $84,600 as of April 16, 2025. Over the past 24 hours, BTC saw modest gains of 1.1%, ranging between $83,600 and $86,440.
📊 Market Overview
Price : ~$84,600
Market Cap : ~$1.69 trillion
24H Volume : ~$29.5 billion
YTD High : $109,114.88 (January 20, 2025)
While the crypto market faced pressure from macro news—most notably Nvidia’s $5 .5 billion charge that rattled tech investors—Bitcoin remained comparatively stable.
🧱 Miner Behavior & On-Chain Dynamics
Bitcoin miners are reportedly offloading more BTC than usual to cover costs amid rising network difficulty. This trend, flagged by on-chain analytics firm CryptoQuant, could be a sign of market caution but also suggests healthy liquidity .
More: https://onthenode.com/analysis/bitcoin-holds-steady-at-84k-as-miners-sell-and-analysts-predict-gold-flip
Bitcoin ( BTC ) is showing resilience despite market-wide jitters, hovering around $84,600 as of April 16, 2025. Over the past 24 hours, BTC saw modest gains of 1.1%, ranging between $83,600 and $86,440.
📊 Market Overview
Price : ~$84,600
Market Cap : ~$1.69 trillion
24H Volume : ~$29.5 billion
YTD High : $109,114.88 (January 20, 2025)
While the crypto market faced pressure from macro news—most notably Nvidia’s $5 .5 billion charge that rattled tech investors—Bitcoin remained comparatively stable.
🧱 Miner Behavior & On-Chain Dynamics
Bitcoin miners are reportedly offloading more BTC than usual to cover costs amid rising network difficulty. This trend, flagged by on-chain analytics firm CryptoQuant, could be a sign of market caution but also suggests healthy liquidity .
More: https://onthenode.com/analysis/bitcoin-holds-steady-at-84k-as-miners-sell-and-analysts-predict-gold-flip
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