Bitcoin miners trail as exchanges and stablecoins surge
Bitcoin posted one of its best weekly performances since 2020, climbing roughly 25% in late August to highs around $80K, while spot ETFs pull in capital, exchanges see heavy volume, and stablecoin dominance cracks.
Bitcoin just posted one of its best weekly performances since 2020, climbing roughly 25% in late August to touch highs around $80K. Spot ETFs are drawing in capital, exchanges are seeing heavy volume, and stablecoin dominance is weakening. By contrast, the companies that produce Bitcoin are lagging.