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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.

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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.

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.

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