CoinScoopJPMorgan Identifies $85,000 as Key Bitcoin Threshold to Ease Miner Selling Pressure
According to JPMorgan, Bitcoin maintaining a price above its estimated production cost of approximately $85,000 could reduce the risk of forced selling by miners. However, the price has recently dipped back below this level following its mid-week rally.
Summaries are written by AI from the original article. Not investment advice.