Bitcoin miner margins fall to record low: Will BTC’s $60K floor hold?
- Bitcoin miners are bleeding out, with margins hitting record lows while BTC clings to the $60K floor by its fingernails. It’s a classic case of supply-side pain meeting demand-side apathy. The miners aren’t just sweating; they’re hemorrhaging cash, which usually means capitulation is near—or at least a very painful shakeout for the leveraged longs. Vira wants facts, not fear-mongering: this isn’t a crash, it’s a margin call on sanity. If you’re holding because you think the floor is concrete, remember it’s made of ice and hope. The network is still running, but the profit motive is taking a vacation. Stay liquid, stay skeptical, and stop buying dips that look like cliffs.