Cryptopolitan on MSN
Bitcoin drops under $70,000, pushing miners into losses
Bitcoin's price has dropped below $70k, squeezing miners into capitulation, as production costs sit at $87k.
Bitcoin trades near $71,000 — roughly 20% below its estimated $87K production cost — as miner profitability hits a 14-month ...
The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.
Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.
JPMorgan says Bitcoin is now more attractive than gold long term as BTC volatility falls and prices trade below its $87K ...
BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today ...
CleanSpark stock is downgraded to "Sell" as Bitcoin slides, mining margins compress, and debt rises. Here's what you need to ...
That target is “unrealistic” this year, but possible “over the long term” once negative sentiment reverses, according to the ...
Cryptopolitan on MSN
Bitcoin mining difficulty posts biggest drop since China ban
Bitcoin mining difficulty in China fell 11.16% to a record low.
JPMorgan says Bitcoin looks more attractive than gold long term. The bank has predicted $266,000 as a long-term benchmark.
It looks like Bhutan sold $22.4 million in Bitcoin this week, continuing its pattern of periodic, strategic BTC sales.
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