A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report

[Centus]

The benchmark cryptocurrency slipped briefly under the $29,500-level on June 22 as a Glassnode report indicated the possibility of miner capitulation in China.
Bitcoin (BTC) plunged 7.38% to hit a five-month low of $29,313 on June 22 as the market faced the prospect of another sell-off, this time led by miners affected by a recent crackdown against cryptocurrency entities in China.
Source: https://cointelegraph.com/news/a-seismic-mining-shift-may-be-driving-bitcoin-price-below-30k-report