Bitcoin’s miner margins and NVT metric indicated a bottom range, but a final downside sweep remains possible. Bitcoin rallied to $91,950 on Nov. 26 as data shows the market sitting at a key inflection point. Data from Capriole Investments placed Bitcoin’s production cost near $83,873, while the electrical cost, the baseline energy input for mining, sits far lower…
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10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally. Crypto market participants are expecting no change in the upcoming US Consumer Price Index, but a lower print is possible and could trigger an uptick in…
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