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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

June 18, 2021 by DIGIT
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Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.

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Categories Bitcoin, BTC Price, China, mining
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  • bitcoinBitcoin(BTC)$98,939.000.58%
  • ethereumEthereum(ETH)$3,354.850.14%
  • tetherTether(USDT)$1.000.02%
  • solanaSolana(SOL)$257.23-0.14%
  • binancecoinBNB(BNB)$635.970.46%
  • rippleXRP(XRP)$1.5724.40%
  • dogecoinDogecoin(DOGE)$0.4118726.62%
  • usd-coinUSDC(USDC)$1.000.02%
  • cardanoCardano(ADA)$1.0729.98%
  • staked-etherLido Staked Ether(STETH)$3,359.880.28%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$98,939.000.58%
  • ethereumEthereum(ETH)$3,354.850.14%
  • tetherTether(USDT)$1.000.02%
  • solanaSolana(SOL)$257.23-0.14%
  • binancecoinBNB(BNB)$635.970.46%
  • rippleXRP(XRP)$1.5724.40%
  • dogecoinDogecoin(DOGE)$0.4118726.62%
  • usd-coinUSDC(USDC)$1.000.02%
  • cardanoCardano(ADA)$1.0729.98%
  • staked-etherLido Staked Ether(STETH)$3,359.880.28%