Bitcoin Miners Unload 20,000 BTC This Week While Crypto Markets Remain Resilient Despite Geopolitical Tensions

Bitcoin miners sold over 20,000 BTC this week, the largest amount since April. This adds significant selling pressure on the market.

There have been over $15 million in Bitcoin liquidations in the past 24 hours according to Coinglass data.

Most cryptocurrencies saw minor corrections over the past week, but Bitcoin remained relatively flat around $27,400.

Monero and Render Token were standout performers, increasing 3.7% and 4.5% respectively.

Despite geopolitical tensions between Israel and Hamas, major cryptocurrencies including Bitcoin displayed resilience and remained largely unaffected.