Bitcoin Breakthrough Could Ease Miners' Selling Pressure

Morgan Stanley analysts believe that if Bitcoin breaks through $85,000, it could alleviate pressure on miners to sell their assets.

This comes as a growing number of institutional investors are entering the market, driving up demand for Bitcoin and potentially reducing the need for miners to liquidate their holdings.

The analysis suggests that a price increase above $85,000 could help stabilize the market and reduce selling pressure on miners, who have been struggling with declining revenue due to the decreasing hash rate.