Bitcoin mining profit margin drops to historic low
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The hash price of Bitcoin has dropped to about $35 per PH per second, causing many public miners to have mining costs close to $44 per PH per second, entering a break even state. （Cointelegraph）
[The three major U.S. stock indexes closed higher, XPeng fell nearly 8%]
U.S. stocks closed on Tuesday, with the Dow Jones up 0.39%, the S&P 500 up 0.25%, and the Nasdaq up 0.59%. Apple and NVIDIA rose about 1%, Intel rose 8%, and Boeing rose 10%. The Nasdaq Golden Dragon China Index fell 0.65%, Alibaba fell nearly 2%, and XPeng fell nearly 8%.
Merrill Lynch, which manages assets worth $1.5 trillion, will begin recommending the inclusion of Bitcoin in its investment portfolio to clients. （The Bitcoin Historian）
Michael Saylor stated that his company 'Strategy' may be forced to sell Bitcoin in the event of a 'three-year continuous decline cycle'. （Watcher.Guru）
The hash price of Bitcoin has dropped to about $35 per PH per second, causing many public miners to have mining costs close to $44 per PH per second, entering a break even state. （Cointelegraph）
Bank of America suggests that its wealth management clients consider allocating digital asset exposure to explore related investment opportunities. （Decrypt）