JPMorgan Cuts Bitcoin Production Cost to $77K, Stays Positive on Crypto in 2026
JPMorgan estimates Bitcoin’s production cost has dropped to \$77,000 from \$90,000 since January, driven by a 15% decline in mining difficulty—the steepest since China’s 2021 ban. Historically a soft price floor, this level suggests miner capitulation is nearing its end. The bank remains bullish on 2026, forecasting institutional inflows, not retail speculation, to fuel the next rally, and reiterates its \$266,000 long‑term Bitcoin target.
CryptopulseElite·02-13 03:31











