The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".

It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.

wallstreetcnJan 7 07:41 ET

Bitcoin Rallies Above 100k – Are the Bulls Back in Control?

FXStreetJan 7 07:31 ET

Bitcoin Spot ETF Inflows Hit $987 Million But Watch This Mid-January Fiscal Deadline

BenzingaJan 7 07:22 ET

Shuke said about the currency: 1.7 Tuesday Bitcoin and Ethereum market analysis and operational ideas are provided as suggestions!

After a wave of stretching last night, the price of Bitcoin has successfully broken through the 100,000 mark, with the current Quote around 102,000. Through the trend line, it can be determined that it has smoothly broken through the Support just above 100,000. At this point, the strategy for trading Bitcoin should be to wait for a pullback to continue buying.

Jinse FinanceJan 6 22:45 ET

Bitcoin has returned to the 0.1 million threshold! Trump Trade, market sentiment is high! Can Zheng's strategy unleash the market trend?

With the strengthening of capital inflow as the US stock market opened last night, the cryptocurrency market experienced a strong rebound in the past 24 hours. Bitcoin has surpassed $100,000 for the first time since December 19, 2024, and it may be difficult to see Bitcoin priced below $100,000 in the future.

Jinse FinanceJan 6 22:37 ET

Experienced trader: How much is Ethereum really worth?

Ethereum is a technological marvel, but the upside potential of ETH adjusted for risk is difficult to predict.

Jinse FinanceJan 6 22:32 ET