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BTC $76,163.89 -1.51%
ETH $2,356.94 -3.43%
BNB $633.75 -1.46%
XRP $1.43 -3.62%
SOL $86.73 -3.65%
TRX $0.3284 +1.03%
DOGE $0.0959 -4.86%
ADA $0.2511 -5.34%
BCH $446.45 -2.34%
LINK $9.38 -4.22%
HYPE $44.10 -1.37%
AAVE $111.70 -4.86%
SUI $0.9662 -6.90%
XLM $0.1704 -1.58%
ZEC $324.54 -7.11%

Analyst: Historical data shows that Bitcoin has never fallen below mining costs during a bull market

2024-11-29 22:28:13
Collection

ChainCatcher message, analyst Ali (@ali_charts) posted on the X platform, stating that there has been a lot of discussion about Bitcoin dropping below $90,000. It is important to note that the current average mining cost is $90,524.

Historically, during bull markets, BTC has never fallen below its mining cost.

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