Bitcoin Price Falls Below $60K: Miners Face Continued Challenges
Mining economics, news & insights.
Bitcoin price revisited the $60,000 mark as Mt. Gox's announced that it would begin distributing $9 billion in repayments. Recent ETF outflows have not helped, but the low exchange reserves offer some hope. With the start of summer, hashrate is beginning to show seasonal behavior. Transaction fees have returned to normal. Bitcoin price action is pushing…