Continue Reading
Full article on CoinDesk
Miner capitulation is back as bitcoin’s $70,000 price fails to cover $87,000 production costs
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin's price has fallen below its estimated average production cost, a historical indicator of a bear market, with miner capitulation on the rise.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.
Original article published by
CoinDesk
on February 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.