<ul data-eligibleForWebStory="true"><li>Bitcoin miners are holding onto their BTC despite a slump in revenues, indicating resilience in the face of shrinking profit margins.</li><li>Daily revenues dropped to $34 million on June 22, the lowest level since April, due to decreased transaction fees and a stagnant Bitcoin price.</li><li>The network's hashrate declined by 3.5% since mid-June, the sharpest drop in almost a year, but miners remain unfazed.</li><li>Miners are holding firm, with reduced outflows from their wallets and minimal movement of coins, suggesting a willingness to weather the market downturn and maintain a long-term bullish outlook for Bitcoin.</li></ul>

Bitcoin Miners Hold Firm Despite June Revenue Slump

Discover more