What BitMine’s 4M ETH Treasury Means for Its Stock

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Key takeaways

  • Large market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP.

  • Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite.

  • Buyer demand is weakening, with slower treasury accumulation and fewer aggressive dip buyers than in past cycles.

  • Bitcoin is testing critical long-term technical levels that have historically preceded extended drawdowns.

BitMine Immersion Technologies (ticker: BMNR) said it held…



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What BitMine’s 4M ETH Treasury Means for Its Stock


Key takeaways

  • Large market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP.

  • Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite.

  • Buyer demand is weakening, with slower treasury accumulation and fewer aggressive dip buyers than in past cycles.

  • Bitcoin is testing critical long-term technical levels that have historically preceded extended drawdowns.

BitMine Immersion Technologies (ticker: BMNR) said it held…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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