Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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