Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial challenge to gold’s market capitalization by 2026.
What Happened: Bitcoin’s price experienced a steep decline to slightly above $94,000 per Bitcoin this week from a peak of $126,000 in October.
Nonetheless, ***** ysts at the JPMorgan have determined the Bitcoin price floor, ***** erting that a $94,000 production cost suggests a very limited downside to the current Bitcoin price.
In addition, a team of JPMorgan ***** ysts, headed by managing director Nikolaos
What Happened: Bitcoin’s price experienced a steep decline to slightly above $94,000 per Bitcoin this week from a peak of $126,000 in October.
Nonetheless, ***** ysts at the JPMorgan have determined the Bitcoin price floor, ***** erting that a $94,000 production cost suggests a very limited downside to the current Bitcoin price.
In addition, a team of JPMorgan ***** ysts, headed by managing director Nikolaos
1 month ago
