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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Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128. Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble. “People who cheer for the million-dollar Bitcoin price next year,…
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