The report said that the total miner revenue is currently about triple the pre-halving level, at around 22 bitcoins versus 7 bitcoins before. Bernstein noted that daily revenues exceeded $100 million, with more than about $80 million coming from transaction fees, which is clearly abnormal, it said.
Bitcoin (BTC) Price Hits $62K as DOGE, SHIB, NEAR Lead Crypto Bounce After Soft Jobs Data
Arthur Hayes, former CEO of crypto exchange BitMEX, said in his latest essay early Friday that bitcoin has likely bottomed...