Bitcoin miners have reduced their selling pressure as daily revenue increased by 78%, from about $27 million to roughly $48 million. This improvement helps miners cover operating costs without needing to liquidate as many coins, contributing to a more stable market. Since August 21, extreme miner outflows have stopped, and Bitcoin's price rise from below $58,000 to above $83,000 has further supported miner profitability. While miners have eased selling, they have not yet started accumulating more Bitcoin, indicating a cautious stance moving forward.
Bitcoin miners easing selling pressure is the story's subject, with Pluang market context showing 43 of 50 major cryptocurrencies rose today. Notable movers include EOS up 8.13%, NEO up 7.06% with 100% buy order activity, and ADA up 6.96% with 73% buy orders. This snapshot is as of Oct 11, 2026 00:02 WIB.
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