Bitcoin (BTC) is trapped in its new consolidation band, holding between about 
$76,000 and $78,500. That range has now become the market’s near-term 
battlefield, with BTC roughly 38% below its all-time highs. While this 
sideways action may appear stable, a new CryptoQuant report argues that miners 
themselves don’t yet believe the market has fully reached a bottom. No Panic, 
Still Cautious The report points to a key indicator: the decline in Binance 
Pool Miner Reserve data. Since Binance Pool accounts for a large portion of 
the global hash rate, its behavior is often treated as a useful proxy for 
broader miner sentiment. In this case, falling reserves suggest that Bitcoin 
miners within the pool are continuing to trim what they hold in reserve. 
Typically, reserve reduction can reflect ongoing operational selling pressure, 
meaning miners are still supplying BTC to the market rather than stepping back 
completely. Related Reading: Hyperliquid (HYPE) Breaks New All-Time 
High—Surges Past $62 As Momentum Spikes At the same time, the report adds an 
important nuance through another metric: the Miners’ Position Index (MPI) 
staying in negative territory. That detail matters because it implies miners 
are not selling aggressively in a way that resembles historical panic 
behavior. In other words, the Bitcoin selling activity they’re showing appears 
more tied to necessity than to a full-scale rush to get out. CryptoQuant 
frames this as a reason the risk of an abrupt, catastrophic price dump remains 
relatively low for now. The Puell Multiple is also cited as supporting the 
same overall interpretation. CryptoQuant notes that the Puell Multiple 
remaining below 1 indicates miner revenues are still weak and under pressure 
compared with historical baselines. Practically, that means miners are 
operating in a stressed environment, but they are not necessarily accumulating 
aggressively because Bitcoin still hasn’t delivered the kind of bullish 
breakout that would typically encourage stronger positioning. Instead, miners 
look like they’re in a wait-and-watch mode. CryptoQuant says this kind of 
behavior is often observed near bottom formations, even if it doesn’t confirm 
one has fully formed yet. Bitcoin Price Outlook ‘Mixed’ Looking at what this 
means for price, the picture is mixed. The drop in miner reserves implies some 
BTC supply is still moving into the market. However, because the MPI remains 
weak (but not in a “panic selling” pattern), CryptoQuant suggests the 
resulting selling pressure may not be large enough to trigger a sudden Bitcoin 
collapse. Related Reading: Circle’s Next Step: Hyperliquid (HYPE) Integration 
As The Catalyst For Real Supply-Share Gain That aligns with the current chart 
structure, which continues to suggest sideways consolidation for a while 
longer. CryptoQuant also brings in an additional perspective from a separate 
report: whales reportedly bought near $78K and are now distributing in the 
$77K–$81K area. At the same time, exchange reserves are described as being at 
a monthly high, which is another sign that selling pressure is elevated. In 
that context, CryptoQuant’s implication is straightforward—if Bitcoin breaks 
down again and loses $76K, selling pressure could intensify quickly. At the 
time of writing, Bitcoin was trading at $77,763, having recorded a decline of 
almost 5% after failing to break above and hold $83,000 during last week&#8217;s 
rally. Featured image created with OpenArt, chart from TradingView.com

Bitcoin (BTC) is trapped in its new consolidation band, holding between about $76,000 and $78,500. That range has now become the market’s near-term battlefield, with BTC roughly 38% below its all-time highs. While this sideways action may appear stable, a new CryptoQuant report argues that miners themselves don’t yet believe the market has fully reached &#8230;

Bitcoin Miners Warn No Bottom Yet, CryptoQuant Says—What On-Chain Metrics Reveal

The Pentagon&#8217;s loan reconsideration could undermine U.S. efforts to reduce 
reliance on Chinese minerals, affecting future federal investments.
The post Pentagon reconsiders $80M loan to ReElement Technologies, igniting 
White House tensions appeared first on Crypto Briefing.

The Pentagon&#8217;s loan reconsideration could undermine U.S. efforts to reduce reliance on Chinese minerals, affecting future federal investments. The post Pentagon reconsiders $80M loan to ReElement Technologies, igniting White House tensions appeared first on Crypto Briefing.

Pentagon reconsiders $80M loan to ReElement Technologies, igniting White House tensions

XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP 
routing trades and RLUSD supporting dollar-based transactions. Evernorth’s 
Sagar Shah described XRP as an intermediary asset that routes trades in the 
background, while stablecoins remain tied to issuer requirements and 
compliance obligations. XRP Ledger Routing Structure Separates XRP From RLUSD 
As tokenized […]

XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and compliance obligations. XRP Ledger Routing Structure Separates XRP From RLUSD As tokenized &#8230;

XRP vs RLUSD: Evernorth Says XRP’s XRPL Utility Case Keeps Growing

The surge in natural gas projects highlights the tension between AI&#8217;s growing 
energy demands and the sustainability goals of tech giants.
The post Gas files for 44.9 GW of new plants as renewables face reliability 
challenges appeared first on Crypto Briefing.

The surge in natural gas projects highlights the tension between AI&#8217;s growing energy demands and the sustainability goals of tech giants. The post Gas files for 44.9 GW of new plants as renewables face reliability challenges appeared first on Crypto Briefing.

Gas files for 44.9 GW of new plants as renewables face reliability challenges

A prolonged Strait of Hormuz closure could severely disrupt global oil supply, 
leading to economic instability and potential recessionary impacts.
The post Rapidan Energy Group warns Strait of Hormuz closure could trigger 
recession rivaling 2008 appeared first on Crypto Briefing.

A prolonged Strait of Hormuz closure could severely disrupt global oil supply, leading to economic instability and potential recessionary impacts. The post Rapidan Energy Group warns Strait of Hormuz closure could trigger recession rivaling 2008 appeared first on Crypto Briefing.

Rapidan Energy Group warns Strait of Hormuz closure could trigger recession rivaling 2008

The AI shift is reshaping the mining landscape, creating opportunities for 
dedicated Bitcoin miners to expand amid reduced hardware costs.
The post American Bitcoin notes AI boom softens ASIC market as miners pivot 
appeared first on Crypto Briefing.

The AI shift is reshaping the mining landscape, creating opportunities for dedicated Bitcoin miners to expand amid reduced hardware costs. The post American Bitcoin notes AI boom softens ASIC market as miners pivot appeared first on Crypto Briefing.

Bitcoin Miners Warn No Bottom Yet, CryptoQuant Says—What On-Chain Metrics Reveal

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