Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
Express News | Shares of Crypto Stocks Are Trading Lower After Bitcoin Fell Back Below $100,000
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.
Bitcoin Rallies Above 100k – Are the Bulls Back in Control?
Express News | Bitcoin Mining Data Center IREN Says It Mined 529 BTC In Dec 2024 Vs. 379 BTC In Nov 2024
XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000 -- Again
