Is Bitcoin Price The Key to Mining Stock Success? On-Chain Analysis Exposes True Impact | TheSpuzz

Is Bitcoin Price The Key to Mining Stock Success? On-Chain Analysis Exposes True Impact | TheSpuzz

Source: Bitcoinist Bitcoin is trading around $57,500 after a volatile session sparked by the release of the CPI data. Amid the market turbulence, CryptoQuant’s on-chain and macro researcher Axel Adler shared an interesting observation about Bitcoin and mining stocks.  According to Adler, a strong correlation exists between the Bitcoin price and the public miners’ stock…

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