U.S. Miners Sell Bitcoin as Tariffs Threaten Profits

A recent trend of miners holding onto Bitcoin for long-term investments has been disrupted, with sales observed across 15 major mining firms, according to analysis by TheMinerMag. This shift coincides with rising economic uncertainty, as financial markets and industries face pressures from rising costs. These sales are a response to the need for stabilization on their balance sheets amid market volatility. Bitcoin saw a dip of 2.3% in March alone, following a steep correction of over 17% earlier that month.