KEY TAKEAWAYS
- Many miners now face thin or negative margins, which raises the chance they sell Bitcoin to cover costs.
- Bitcoin ETFs now move large amounts of capital each day, and those flows can push prices up or down quickly.
- Trump’s proposed 10% credit-card interest cap could change how people and banks use money, with possible ripple effects for crypto.
Mining profits are under pressure while ETF money swings wildly.
A proposed 10% credit-card cap adds a fresh twist to Bitcoin’s outlook.
Bitcoin is trading around 95495.71 which slipped under an estimated $103,460 miner breakeven level this week, just as mining revenue fell below $35 per petahash per day and network difficulty eased to about 146.4T.
At the same time, Bitcoin ETFs posted huge daily inflows and outflows, adding to the market’s sharp mood swings.
RELATED: Why Bitcoin Miners Are Selling Now – Record Hashrate And Rising Costs
How Miner Profits Are Getting Squeezed
Bitcoin mining works on a simple math problem: the price of Bitcoin has to stay above the cost of producing it.
Right now, that breakeven level sits around $103,460 for many miners.
When the market trades below that point, some operations struggle to pay for electricity and hardware.
At the same time, mining revenue has fallen. Hash price, which measures how much a miner earns for each unit of computing power, has dropped below $40 per petahash per day.
Network difficulty has also slipped to about 146.4T, which shows how hard it is to mine new coins.
Together, these numbers mean miners earn less each day, even as their fixed costs stay high.
Can Trump’s Credit Card Plan Lift Bitcoin?
Donald Trump’s proposal to cap credit-card interest at 10% has sparked debate far beyond traditional finance.
If banks earn less from interest, they may tighten lending or shift where they put their money.
Consumers might also change how they borrow and spend.
Some analysts think this could push a portion of money toward risk assets like stocks or crypto, including Bitcoin.
Others say the link is weak and depends on how the policy actually plays out.
For now, the idea adds another layer of uncertainty to an already tense market.
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ETF Flows Are Now a Major Price Force
Bitcoin ETFs have become one of the biggest short-term forces in the market.
On some days, they pull in hundreds of millions of dollars. On others, they see heavy withdrawals.
When ETFs buy, they can soak up coins that miners and traders want to sell. When they sell, they can add fresh pressure.
With miners already under strain, these ETF moves are now crucial more than ever.
Conclusion
Bitcoin slipping below mining costs shows that real pressure is building inside the system.
Miners are feeling the squeeze, ETFs are moving large amounts of money, and political headlines are adding more uncertainty.
Trump’s credit-card plan could also change how people and banks move their money.
All of this puts Bitcoin at a turning point, where weaker mining profits collide with powerful financial forces that can shift the market fast.
Before you invest in Bitcoin, we will be outlining some key crypto assets to consider for 2026 in our next Premium crypto alert in the next few days.
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