JPMorgan Predicts Bitcoin’s Price Could Drop to $42,000 Post-Halving
JPMorgan stated in a research report dated February 28 that the upcoming bitcoin (BTC) halving event in April is expected to negatively impact miners’ profitability due to reduced rewards and higher production costs. This could ultimately lead to lower prices for the cryptocurrency. $JPM got this idea by looking at the history of Bitcoin’s production … Continue reading JPMorgan Predicts Bitcoin’s Price Could Drop to $42,000 Post-Halving
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