The Daily Hodl
2022-07-15 19:55:29

Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why

Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of production has dipped from $24,000 in June to $13,000 now, a decrease that may not be so great for the top crypto […]The post Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why appeared first on The Daily Hodl.

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