The post Bitcoin Production Cost Dropped To $13K, Says JP Morgan. What Does This Mean for BTC Price? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Since reaching a peak of around $69,000 in November, Bitcoin has had trouble. From the Federal Reserve raising interest rates to fight inflation to the cryptocurrency industry experiencing high-profile blowups like Terra/Luna and Three Arrows Capital, BTC is down around 70% year to date. For over a month, the largest token has been range bound …
