NewsBTC
2020-03-10 17:00:03

Third Time’s a Charm: Has Bitcoin Bottomed At Miner Breakeven Again?

Few factors influence Bitcoin price beyond simple speculation and supply and demand dynamics. However, the energy costs associated with mining each Bitcoin appear to have a strong impact on where and when the asset bottoms. The leading cryptocurrency by market cap bottomed when Bitcoin went below this key cost of production metric back in 2018,...

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