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BTC $72,747.53 +6.39%
ETH $2,128.04 +7.39%
BNB $656.18 +3.67%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $461.37 +4.02%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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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