{"id":16046,"date":"2025-08-29T14:54:07","date_gmt":"2025-08-29T13:54:07","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=16046"},"modified":"2025-08-29T14:54:08","modified_gmt":"2025-08-29T13:54:08","slug":"bitcoin-dips-below-112000-are-miner-sales-to-blame","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-dips-below-112000-are-miner-sales-to-blame\/","title":{"rendered":"Bitcoin Dips Below $112,000: Are Miner Sales to Blame?"},"content":{"rendered":"\n

Bitcoin Drops Below $112,000, Miners Seize the Opportunity<\/h2>\n\n\n\n

The Bitcoin<\/a> (BTC) price fell below the symbolic $112,000 threshold<\/strong> during the night from Thursday to Friday last week. This sudden drop appears to be partly the result of massive Bitcoin<\/a> sales<\/strong> by miners, occurring at the fastest pace in nearly 9 months.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

Miner wallets tracked by Glassnode indeed show structural declines<\/strong> in their reserves between August 11 and 23. Since then, there have been few signs of new accumulation<\/strong>, indicating that miners seem content to sell their BTC at these price levels.<\/p>\n\n\n\n

During this recent selling spree, no less than 4,207 Bitcoins<\/strong>, worth nearly $500 million, were liquidated over a period of just 12 days. This comes after miners had added only 6,675 BTC<\/strong> to their reserves between April and July.<\/p>\n\n\n\n

These quantities remain relatively small compared to the holdings of companies like MicroStrategy or Metaplanet. However, miners’ actions<\/strong> often tend to significantly influence market dynamics.<\/p>\n\n\n\n

US Inflation: The Key Factor Worrying Markets<\/h2>\n\n\n\n

Currently, Bitcoin investors seem primarily focused on the upcoming release of the Personal Consumption Expenditures (PCE) price index<\/strong>. This is the Federal Reserve’s preferred inflation indicator.<\/p>\n\n\n\n

\"inflation<\/figure>\n\n\n\n

This indicator, expected today, could trigger significant volatility<\/strong> in the cryptocurrency market. The market currently estimates an 85.2% probability of a Federal Reserve interest rate cut<\/strong> in September.<\/p>\n\n\n\n

However, if inflation proves more persistent than anticipated, this figure could decrease substantially<\/strong>. This is especially relevant as the US economy still appears to be on a positive trajectory, with consumer spending and growth recently exceeding expectations.<\/p>\n\n\n\n

In this context, it’s not clear that interest rates should be lowered<\/strong>, unless Donald Trump expresses such a desire. It will therefore be crucial to closely monitor the evolution of these indicators and their impact on the cryptocurrency market.<\/p>\n\n\n\n

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