#BitcoinHashRateSurge Miners have started selling less cryptocurrency. This is evidenced by the decrease in the number of coins they transferred to cryptocurrency exchanges. For example, on November 11, 2024, mining companies sent 26,367 BTC to trading platforms, while from January 1 to January 3, 2025, they transferred only 13,370 BTC. Given this statistics, Bitfinex predicts an increase in the price of Bitcoin to $110,000 in January. However, for a significant increase in value, trading volume must increase.
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