JPMorgan: #Bitcoin Mining Faces Growing Pressure
According to JPMorgan, Bitcoin’s mining network is becoming increasingly sensitive to price movements, with nearly 20% of miners estimated to be operating at a loss.
As profitability tightens, higher-cost miners may be forced to reduce operations or sell holdings, potentially increasing market pressure. The report highlights how mining economics are playing a bigger role in shaping network activity and overall market dynamics.
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