JPMorgan says bitcoin mining economics have ‘worsened’ as BTC trades below production cost
JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.
Why this matters
Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Bitcoin Holds Below $84,000 Cost-Basis Level as Only Nine of 125 Top Tokens Rise
Bitcoin fell through $84,000 in two legs, the first in the Asia session and the second at the U.S. open, and has not reclaimed it....
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
Bitcoin's estimated US mining footprint shrank as Russia's grew, with little change in top-three country concentration. Hashrate I...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
XRP Whales Dominate Exchange Outflows as Bitcoin Shorts Rise on Hyperliquid
The contrasting flows highlight a market where some large investors are moving XRP away from exchanges even as leveraged traders p...
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz
Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to assess Ripple Custody and Ripple’s toke...
Bitcoin Falls Under $83,000 on Oil Spike, Rising US Borrowing Costs
Bitcoin Magazine Bitcoin Falls Under $83,000 on Oil Spike, Rising US Borrowing Costs Bitcoin’s price has plunged — with other asse...