Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows By Cointelegraph
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© Reuters. The (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is.
As noted by popular Twitter (NYSE:) account @venturefounder on Jan. 14, even at $42,000, the trading pair is around 20% above miners’ cost price.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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© Reuters. The (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is.
As noted by popular Twitter (NYSE:) account @venturefounder on Jan. 14, even at $42,000, the trading pair is around 20% above miners’ cost price.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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