Bitcoin's energy value index puts Bitcoin's fair value at $81,000
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Bitcoin, the world's largest cryptocurrency by market value, reached $71,000 for the first time, bringing this year's gain to about 70% thanks to enormous inflows into U.S. exchange-traded funds. At the time of writing, BTC had risen 3.12% in the previous 24 hours to $71,835 after reaching a new ATH of $72,422.
CleanSpark and Riot platforms have each spent significant sums, investing up to $473 million and $415 million, respectively, toward acquiring these rigs.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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