Bitget Research Institute: The cost range for Bitcoin miners is 60,000-65,000 US dollars, which may constitute key support

Odaily Planet Daily reports that Bitget Research's chief analyst, Ryan Lee, pointed out that due to the uncertainty of tariff policies and the rise in U.S. bond yields, the volatility of the crypto market has increased. In the short term, BTC is fluctuating between $68,000 and $85,000 while ETH faces a support test at $1,550. If it falls below this level it could trigger approximately $480 million in liquidations.

From a structural perspective, most miners use ASIC devices for mining which have relatively low unit computing power costs. The average cost of mining BTC is about $60,000-$65,000 which forms an important bottom support area for its price. At the same time however ETH's on-chain activity continues to be sluggish with gas fees remaining low reflecting weak user participation and overall fragile market sentiment.

In light of ongoing macro headwinds affecting risk assets; how investors interpret policy changes and global liquidity conditions will determine short-term trends in the crypto market. The next few weeks may prove crucial observation periods for shifts in market direction.