BTC $63,578.47 +1.02%
ETH $1,903.72 +1.33%
BNB $604.54 -0.27%
XRP $1.00 +0.13%
SOL $75.73 +0.71%
TRX $0.3323 +0.38%
DOGE $0.0702 +0.83%
ADA $0.1748 -1.07%
BCH $204.98 +0.60%
LINK $9.50 +1.03%
HYPE $59.82 +4.13%
AAVE $86.70 +0.86%
SUI $0.6786 +0.21%
XLM $0.1581 +0.77%
ZEC $512.71 +5.61%
BTC $63,578.47 +1.02%
ETH $1,903.72 +1.33%
BNB $604.54 -0.27%
XRP $1.00 +0.13%
SOL $75.73 +0.71%
TRX $0.3323 +0.38%
DOGE $0.0702 +0.83%
ADA $0.1748 -1.07%
BCH $204.98 +0.60%
LINK $9.50 +1.03%
HYPE $59.82 +4.13%
AAVE $86.70 +0.86%
SUI $0.6786 +0.21%
XLM $0.1581 +0.77%
ZEC $512.71 +5.61%

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

2024-11-29 22:28:13

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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