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Guavy AI Editorial TeamSentiment: -2Clout: 85

Crypto Market Faces Busy Earnings Week Amid Bitcoin Volatility

The crypto market is gearing up for a week of earnings reports, with several major players set to release their financial results. Cipher Mining (CIFR) will be the first to report on Tuesday, followed by Circle Internet and Core Scientific on Wednesday.

Bitcoin prices have been volatile in recent days, with a modest rebound early Monday after dropping to $64,350 overnight. However, the price remains down over 2% in the past 24 hours, and some analysts are warning of further volatility ahead.

One miner that has already reported its holdings is Bitdeer Technologies (BTDR), which announced on Saturday that it had sold all 943.1 of its bitcoin holdings. The company had previously mined and sold 189.8 bitcoin during the week.