Categories: Bitcoin Latest News

Miner capitulation is back as bitcoin’s $70,000 price fails to cover $87,000 production costs

Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous

The token has traded in a tight band near $59,000 to $60,000 all week. The…

24 minutes ago

Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head

TL;DR Verified that the 52-week correlation between BTC and USD/JPY reached -0.90 in late June…

24 minutes ago

Bitcoin And Ethereum ETFs Extend Outflow Streak As Funds Shed $261 Million

TL;DR U.S. spot Bitcoin ETFs recorded about $231 million in net outflows, while Ethereum ETFs…

24 minutes ago

BlackRock’s IBIT Sees $300M Outflow As Bitcoin ETF Rebalancing Deepens

TL;DR BlackRock's IBIT recorded a net outflow of $300M on June 29, 2026. Total U.S.…

24 minutes ago

Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts

Your day-ahead look for June 30, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

1 hour ago

Bitcoin Tests $60,000 As Futures Volume Thins And Liquidity Tightens

TL;DR Spot and futures volume declined 20% compared to the weekly average, leaving the price…

1 hour ago