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Direxion Daily Financial Bull 3X Shares ETF Newsroom
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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.
Truist Securities Initiates Coverage On American Express With Buy Rating, Announces Price Target of $350
American Express Analyst Ratings
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Barclays Maintains Overweight on Wells Fargo, Raises Price Target to $90
Wells Fargo Analyst Ratings
What's Going On With Bank of America Shares Monday?