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.
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Deutsche Bank's annual survey: What is the biggest risk in the financial market in 2025?
The survey shows that respondents believe the biggest observable risk in 2025 is Global trade conflicts, followed by a crash in Technology Stocks. One-third of respondents think that the "Seven Giants" of the US stock market will decline, along with concerns about inflation and Bond yields. They also believe that Bitcoin poses the greatest bubble risk in 2025, while European Stocks are viewed as the Assets "furthest from a bubble."
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