Bitcoin miners are facing significant challenges as they sell off more coins to sustain their operations. A recent report by CryptoQuant highlighted that miners sold around 15,000 BTC in one day, marking the third-largest daily outflow in 2025 as Bitcoin's price dropped below $80,000. This selling pressure is a result of low prices and high mining costs, driven by increased network hash rates and decreased transaction fees. Miners' profit margins have decreased from 53% in January to 33% recently, reflecting the tough market conditions. Publicly traded mining companies have experienced severe declines in their market value, losing approximately $6 billion in March alone. Despite recent governmental support for the cryptocurrency sector, the outlook remains challenging for miners as they adapt to fluctuating costs and prices. The overall sentiment in the market is currently bearish, with Bitcoin struggling to maintain higher price levels since a significant peak last November.

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