MINUTES
About Minutes
Back to latest

EconomyBitcoin traders raise odds of a sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss

Today’s newsletter says traders see bitcoin as “ripe for a squeeze” and have raised the odds of it falling below $70,000 by Christmas. Bitmine reported a $6.3 billion annual net loss as ether dropped 44%.

BitcoinBitminecrypto markets

TThe Block★★☆☆☆2026-11-12 04:55Original

Bitcoin traders raise odds of a sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss
Bitcoin traders raise odds of a sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net lossEconomy