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                        Bitcoin Poised to Surge Above $85k as Mining Costs Dictate Market Movements
                    Ultramining 1 week ago

Bitcoin Poised to Surge Above $85k as Mining Costs Dictate Market Movements

Bitcoin mining costs are dictating market movements, with the average mining cost at $86,668. Historically, Bitcoin's price has surged above its mining cost, suggesting potential growth above $85,000. Current valuations and mining activity signal a bullish trend, with price consolidation observed around $66,563.

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