BTC $64,355.06 +0.39%
ETH $1,873.68 +0.88%
BNB $568.29 +0.69%
XRP $1.10 +1.46%
SOL $74.61 +1.09%
TRX $0.3308 +0.16%
DOGE $0.0728 +5.44%
ADA $0.1656 +1.24%
BCH $209.92 +0.24%
LINK $8.42 +0.85%
HYPE $58.38 -0.25%
AAVE $91.98 -2.01%
SUI $0.7140 +0.63%
XLM $0.1789 +0.91%
ZEC $486.23 -1.70%
BTC $64,355.06 +0.39%
ETH $1,873.68 +0.88%
BNB $568.29 +0.69%
XRP $1.10 +1.46%
SOL $74.61 +1.09%
TRX $0.3308 +0.16%
DOGE $0.0728 +5.44%
ADA $0.1656 +1.24%
BCH $209.92 +0.24%
LINK $8.42 +0.85%
HYPE $58.38 -0.25%
AAVE $91.98 -2.01%
SUI $0.7140 +0.63%
XLM $0.1789 +0.91%
ZEC $486.23 -1.70%

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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