{"id":33151,"date":"2024-06-26T22:03:11","date_gmt":"2024-06-26T22:03:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/analyst-says-speculators-and-bitcoin-miners-responsible-for-btcs-recent-plunge-below-60000\/"},"modified":"2024-06-26T22:03:11","modified_gmt":"2024-06-26T22:03:11","slug":"analyst-says-speculators-and-bitcoin-miners-responsible-for-btcs-recent-plunge-below-60000","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/analyst-says-speculators-and-bitcoin-miners-responsible-for-btcs-recent-plunge-below-60000\/","title":{"rendered":"Analyst Says Speculators and Bitcoin Miners Responsible for BTC\u2019s Recent Plunge Below $60,000"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<br \/>A combination of speculators continuously opening new long positions and miners dumping &#x5E0;itcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top crypto asset to rebound once the ongoing &#x201C;culling of weak miners&#x201D; is complete. Speculators Contribute to Bitcoin&#x2019;s Plunge According [&#8230;]<br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/analyst-says-speculators-and-bitcoin-miners-responsible-for-btcs-recent-plunge-below-60000\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) A combination of speculators continuously opening new long positions and miners dumping &#x5E0;itcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top crypto asset to rebound once the ongoing &#x201C;culling of weak miners&#x201D; is [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":33152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33151"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=33151"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/33152"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=33151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=33151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=33151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}