“Public miners are still dumping their Bitcoin holdings at a higher rate than their production rate,” Jarand Mellerud, an analyst at Arcane Crypto, wrote in a research note.
Australian shares are trading down 0.1pc. Redbubble dives 40pc. Downer, Santos, Domain, Magellan, CSL fall on results as Super Retail, Fletcher, Brambles gain. Santos defers Dorado oil project FID, Carnarvon Energy falls 12pc. Follow for updates.