Bitcoin News

Story: Bitcoin Miner Profits Hit Yearly Low as BTC Eyes $146K Breakout

By MikeT

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Miner Revenue Falls to $34 Million—Lowest Since April 2024. According to data from CryptoQuant, daily revenues for Bitcoin miners fell to just $34 million in…

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Will Miner Capitulation Add Selling Pressure?. While Bitcoin's network fundamentals remain strong, the stress on miners could lead to short-term…

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Whale Behavior Shows Mixed Signals. Data from Glassnode reveals conflicting behavior among Bitcoin holders.

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Bullish Setup Forming: $109K Breakout Could Signal $146K Rally. Despite the mixed signals, technical analysts see a bullish pattern emerging.

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Market Momentum Builds Ahead of October 2025. If Bitcoin manages to break above $109,000, technical indicators suggest a 50%–80% price increase…

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Conclusion: Short-Term Pain, Long-Term Potential. Bitcoin miner profits may be under pressure now, but the broader market narrative remains…

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Bitcoin miners are facing one of their toughest periods in over a year, with revenues dipping to levels not seen since April 2024.

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A 50% drop in transaction fees, reducing incentives for miners

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A 15% decline in Bitcoin’s price, squeezing earnings further

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As a result, many mining operations may be forced to liquidate reserves or temporarily shut down operations to cut costs.

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CryptoQuant’s chart shows that miner revenue metrics now mirror the levels seen in July 2022, a time when several smaller mining firms either paused operations or exited the…

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However, analysts point out that similar periods in past market cycles, including 2020, saw minor sell-offs followed by major rallies, especially once weak hands exited the…

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Data from Glassnode reveals conflicting behavior among Bitcoin holders. Smaller whale wallets holding 1–10 BTC have been actively redistributing their holdings, potentially…

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In contrast, wallets with 10–100 BTC are showing renewed accumulation, according to an increase in the Accumulation Trend Score, which rose from 0.25 to 0.57.

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This divergence indicates market uncertainty, where some investors are securing gains while others are positioning for further upside.

The Currency Analytics

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