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Bitcoin News: Whales And Miners Offload Huge BTC Ahead Of Fed Chair Powell Speech | Coingape
By Varinder Singh at 2026-05-08 04:25
Sentiment: Unknown
Bitcoin price failed to hold momentum towards $30,000 after the US Federal Reserve hiked rates by 25 bps, other central banks followed suit and raised interest rates. On-chain data shows whales and miners are selling their BTC holdings as BTC price fell below the key 200-WMA level and remains range bound in 26,500-27,500. Meanwhile, US The post Bitcoin News: Whales And Miners Offload Huge BTC Ahead Of Fed Chair Powell Speech appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Bitcoin(BTC) News #Bitcoin #Bitcoin Miner #Bitcoin on-chain metrics #bitcoin price #bitcoin whales #jerome powell #U.S. Federal Reserve
Source CoinGape