Close Menu
    What's Hot

    Fitch Upgrades South Africa to ‘BB’ With Stable Outlook

    June 5, 2026

    NGX Rebounds as Zenith Bank, Access Drive Banking Index Surge

    June 5, 2026

    ETHUSD- Ethereum Price Tumbles by 10% on Panic Selling

    June 5, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, June 6
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs
    News

    Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs

    Julius AlagbeBy Julius AlagbeApril 17, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs
    Bitcoin
    Share
    Facebook Twitter Pinterest Email Copy Link

    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

    Crypto Google Finance
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Related Posts

    News

    Fitch Upgrades South Africa to ‘BB’ With Stable Outlook

    June 5, 2026
    News

    NGX Rebounds as Zenith Bank, Access Drive Banking Index Surge

    June 5, 2026
    News

    ETHUSD- Ethereum Price Tumbles by 10% on Panic Selling

    June 5, 2026
    News

    Bitcoin Price Sinks 6% to $59.8k on Aggressive Crypto Selloffs

    June 5, 2026
    News

    Nigeria’s Total Capital Importation Rises to $10.37bn in Q1 2026

    June 5, 2026
    News

    Nigeria’s Total Capital Importation Rises 84% in 12 Months

    June 5, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Fitch Upgrades South Africa to ‘BB’ With Stable Outlook

    June 5, 2026

    NGX Rebounds as Zenith Bank, Access Drive Banking Index Surge

    June 5, 2026

    ETHUSD- Ethereum Price Tumbles by 10% on Panic Selling

    June 5, 2026

    Bitcoin Price Sinks 6% to $59.8k on Aggressive Crypto Selloffs

    June 5, 2026
    Latest Posts

    Fitch Upgrades South Africa to ‘BB’ With Stable Outlook

    June 5, 2026

    NGX Rebounds as Zenith Bank, Access Drive Banking Index Surge

    June 5, 2026

    ETHUSD- Ethereum Price Tumbles by 10% on Panic Selling

    June 5, 2026

    Bitcoin Price Sinks 6% to $59.8k on Aggressive Crypto Selloffs

    June 5, 2026

    Nigeria’s Total Capital Importation Rises to $10.37bn in Q1 2026

    June 5, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Fitch Upgrades South Africa to ‘BB’ With Stable Outlook

    June 5, 2026

    NGX Rebounds as Zenith Bank, Access Drive Banking Index Surge

    June 5, 2026

    ETHUSD- Ethereum Price Tumbles by 10% on Panic Selling

    June 5, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.