Bitcoin (BTC) May Slide to $42K After Halving Hype Subsides, JPMorgan Says

by Jeremy

The central level of the financial institution’s estimated manufacturing price vary is presently round $26,500, which might mechanically double to $53,000 post-halving. The bitcoin community may additionally see a 20% decline in its hashrate after halving, which would scale back the BTC estimated manufacturing price and the value to $42,000, the report stated.

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