Bitcoin has slipped to roughly $70,000 on February 5 — about 20% below the estimated $87,000 cost to produce a single coin — as hashrate declines, shrinking margins, and a broader market rout drag ...
Bitcoin's price has dropped below $70k, squeezing miners into capitulation, as production costs sit at $87k.
Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.
The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.
Bitcoin's price has dropped below the estimated average production cost by approximately 20%, causing financial strain in the ...
JPMorgan says Bitcoin is now more attractive than gold long term as BTC volatility falls and prices trade below its $87K ...
The Bitcoin price attracts attention from analysts and traders who watch its moves on crypto exchanges. Researchers usually point to a few factors that move the coin’s price through different cycles.
A 20% drop in Bitcoin hashrate has pushed the Hash Ribbon deeper into capitulation. In the past, including the FTX collapse ...
Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low ...
CleanSpark stock is downgraded to "Sell" as Bitcoin slides, mining margins compress, and debt rises. Here's what you need to ...