JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?

Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 down from the $24,000 cost at the start of June 2022. JPMorgan strategists led by Nikolaos Panigirtzoglou wrote that this drop comes amid the

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