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CRYPTOSTORY 565· JUNE 1, 2026

Bitcoin Miners Signal Capitulation as Margins Thin, but Bear-Market Bottom Eludes

A closely watched metric tied to Bitcoin mining profitability has dipped to levels that market observers are calling "capitulation," with profit margins holding below 5%. Despite the distress signal from miners, at least one trader argues t

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Ether approaches $2,000 as Bitmine buys ETH and Robinhood's layer-2 lifts demand

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