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BTC $80,730.39 -0.57%
ETH $2,377.59 -0.24%
BNB $737.10 +1.00%
XRP $1.29 -1.36%
SOL $102.58 -1.08%
TRX $0.3297 +0.39%
DOGE $0.0787 -0.24%
ADA $0.2111 -0.43%
BCH $280.99 +1.79%
LINK $11.81 -1.53%
HYPE $76.78 -0.90%
AAVE $144.16 -1.96%
SUI $0.9575 -1.81%
XLM $0.1731 -1.31%
ZEC $1,176.60 -3.01%
AAPL $347.50 -0.25%
AMZN $248.95 -0.77%
GOOGL $321.60 -0.93%
MSFT $524.79 +0.81%
META $641.41 -0.86%
NVDA $211.20 -0.98%
TSLA $372.07 -1.18%
SNDK $1,239.08 -1.38%
INTC $86.79 +0.97%
SPCX $147.72 0.00%
MU $882.15 +2.62%
AMD $518.22 +1.06%

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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