Here's Why Bitcoin Miners Stopped Rising With Bitcoin Prices

Key PointsBitcoin miners stopped rising with spot bitcoin prices around February 28, 2024.The negative correlation continues through March 2024.The bitcoin halving will reduce reward payouts to bitcoin miners from 6.25 BTC per block to 3.125 BTC.5 stocks we like better than Marathon DigitalPrior to the approval of the spot bitcoin ETFs like iShares Bitcoin Trust NASDAQ: IBIT, traders would trade the Bitcoin miners and the cryptocurrency exchanges like Coinbase Global Inc. NASDAQ: COIN to benefit from the ri ...