CHART: Time taken for the average US worker to earn one BTC tops 12 months
It costs more than one full-time year’s worth of labor for a US employee to buy one BTC, a work cost unprecedented prior to 2024.
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It costs more than one full-time year’s worth of labor for a US employee to buy one BTC, a work cost unprecedented prior to 2024.
Read more (2 min) →BTC's 90-day correlation with gold has reached a multi-year high as the US Treasury’s QE Lite announcement reunited debasement traders.
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.
After a senior Bloomberg analyst called for bitcoin to crash to $10k and kept interrupting his counterargument, Lawrence Lepard ragequit.
Skepticism about Binance and CZ continues to fester since October 10, and the company’s $1B BTC buy isn’t helping.