Bitcoin Profitability Nears 2022 Lows as BTC Price Slumps Below $82K: Analyst
By Wayne Jones
New whales have an average Bitcoin cost basis of $77,120, leaving BTC only 6.3% above their entry level at the $82,000 reference price.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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