Bitcoin miner margins fall to record low: Will BTC’s $60K floor hold?

Bitcoin miner profits recently fell to record lows, while B

Technical Analysis

Bitcoin miner margins drop to historic lows, raising questions about BTC's $60,000 floor. With mining profitability hitting new lows, operators face increasing costs. Industry insiders suggest miners may need to seek alternative strategies or exit the market. The viability of Bitcoin as a long-term investment remains under scrutiny. What happens next will be closely watched by investors and miners alike.

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