Bitcoin (BTC) is trading near $63,000 after rebounding roughly 4%, but the worlds largest cryptocurrency remains nearly 50% below its all-time high. As investors search for clues about where the current Bitcoin bear market could end, one important on-chain metric is attracting attention: Bitcoins Electrical Cost, currently estimated at $48,694. Developed by Capriole Investments founder Charles Edwards, the Bitcoin Electrical Cost measures the average amount miners spend on electricity to produce one BTC. Unlike the broader Production Cost metric, which includes hardware expenses and… Read more
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Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC? Seeking to
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