JPMorgan: Bitcoin has traded below cost for nearly six months

For five months, Bitcoin has been trading below the estimated cost of its production. According to a report by JPMorgan analysts, the mining economics of the leading cryptocurrency deteriorated significantly in 2026, and 20% of miners were unprofitable as of June, RBC Crypto writes. Experts estimate that the cost for miners to produce 1 BTC was $78 thousand, which is about 25% above the market price of $62.5 […]

Source: CryptoTech