BTC $78,788.69 -0.40%
ETH $2,495.60 +0.19%
BNB $752.05 +1.72%
XRP $1.42 +1.56%
SOL $103.69 -0.03%
TRX $0.3389 +1.13%
DOGE $0.0901 -0.55%
ADA $0.2175 -0.98%
BCH $258.23 -0.61%
LINK $12.47 -1.70%
HYPE $85.88 +1.58%
AAVE $129.09 -1.80%
SUI $0.8124 -1.83%
XLM $0.1880 -1.50%
ZEC $1,183.08 +4.52%
BTC $78,788.69 -0.40%
ETH $2,495.60 +0.19%
BNB $752.05 +1.72%
XRP $1.42 +1.56%
SOL $103.69 -0.03%
TRX $0.3389 +1.13%
DOGE $0.0901 -0.55%
ADA $0.2175 -0.98%
BCH $258.23 -0.61%
LINK $12.47 -1.70%
HYPE $85.88 +1.58%
AAVE $129.09 -1.80%
SUI $0.8124 -1.83%
XLM $0.1880 -1.50%
ZEC $1,183.08 +4.52%

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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