Bitcoin Trades Below Production Cost, Miners Are Better Off Buying

Bitcoin recently experienced a historic single-day drop, taking the cryptocurrency from $7,500 to under $4,000 in less than 48 hours.
The first-ever cryptocurrency is now trading below the cost required by miners to produce each Bitcoin. Now that miners are better off buying BTC outright, what could this mean for the strength of the underlying network, the asset’s future, the upcoming halving, and the price of Bitcoin?
Bitcoin Falls Under Cost of Production, Miners May As Well Buy BTC Inst