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    Home - MarketForces News - Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs
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    Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs

    Julius AlagbeBy Julius AlagbeApril 17, 2026No Comments2 Mins Read
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    Bitcoin Price Tops $75.3K After Btc Miners Q1 Selloffs
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    Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs

    Bitcoin (BTC) price topped $75.3k on Friday as easing geopolitical tensions continue to boost buying momentum in the cryptocurrency market.

    BTC trading volume increased 2% to $36.38 billion, led by buy-side actors, pushing the market cap of the world’s largest digital asset to $1.5 trillion.

    Multiple reports show that public Bitcoin miners sold over 32,000 BTC in Q1 2026, setting an all-time quarterly record and already exceeding their net sales in 2025.

    That figure also surpasses the roughly 20,000 BTC miners sold in Q2 2022 during the Terra Luna crash, according to data compiled by TheEnergyMag and summarised by outlets like Yahoo Finance and Cointelegraph.

    The sellers include large listed operators such as Marathon, CleanSpark, Riot Platforms, Cango, Core Scientific, and Bitdeer, which together unloaded more than 32,000 BTC in Q1 2026.

    This reverses 2024, when the same group was a net accumulator, adding over 17,000 BTC to treasuries and pushing combined holdings above 100,000 BTC.

    The selling is mainly about squeezed margins, not a collective macro bet against Bitcoin. Reports note that some miners are using BTC sales to retire debt or fund pivots into high performance computing and AI infrastructure, while others sell simply to keep the lights on. XRP Price Rises on Japanese E-commerce Rakuten Pay Integration

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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