$BTC: JPMorgan Analysts Concerned About the Lower Cost of Mining Bitcoin

JPMorgan analysts led by Nikolaos Panigirtzoglou are seemingly concerned that the cost of producing one Bitcoin ($BTC) has dropped from around $24,000 at the start of June to around $13,000, which may be negative for the cryptocurrency’s price because of added selling pressure. According to Bloomberg, the analysts noted that the drop in production costs […]