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Bitcoin miners miss out as crypto rally boosts exchanges and stablecoins in 2026

Market News
09 Sep 2026
Crypto Briefing
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Neutral
Bitcoin miners miss out as crypto rally boosts exchanges and stablecoins in 2026

In the first half of 2026, public Bitcoin miners sold large amounts of Bitcoin to fund a shift toward AI and high-performance computing, missing out on a late-year crypto rally where Bitcoin surged 25% to around $80K. Meanwhile, spot Bitcoin ETFs saw $3.8 billion inflows, stablecoin dominance weakened, and exchanges experienced high trading volumes. Miners faced high costs and low prices earlier in the year, forcing sales for survival, but some are now borrowing against reserves, signaling optimism. The rally was supported by US Treasury liquidity and a short squeeze, with new stablecoin projects expected in 2027, highlighting a split between miners and other crypto sectors benefiting from market activity.

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