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$BTC
prices are very close to the average mining cash-cost per Bitcoin
#Miners
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🎢 $BTC Accumulation Trend Score is at 1, showing that larger entities are heavily accumulating Bitcoin
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📊 $SOL Solana surpasses Ethereum and Arbitrum in total 24-hour volume on DEX
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📈👀 $BTC Lightning Network transactions through Coingate, a cryptocurrency payment processor, grew 34% in June compared to the Q1 2024
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🤔 In 2024, every $1 invested in $BTC increased its market cap by $5, while for $ETH , it was only $1.3. New money flows have a weaker effect on Ethereum than Bitcoin.
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📊👀 $BTC has historically exhibited exponential gains during bull cycles, but each cycle has also seen numerous large drawdowns. The current cycle has seen: - Eight drawdowns between 5%-20% - Two drawdowns between 20%-30% - No drawdowns greater than 30%
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