Bitcoin Miners’ Outflows Pull Bitcoin Price Below $21k
January 19, 2023 at 19:52 PM EST
Bitcoin has pulled back from trading above $21K to $20,703.68 at the time of writing. Although BTC is down 2.75% today, it is still up by about 14% over the past week. The main reason for today's drop is the surge in Bitcoin miner outflows.
