JPMorgan analysts led by Nikolaos Panigirtzoglou are seemingly concerned that the cost of producing one Bitcoin ($BTC) has dropped from around $24,000 at the start of June to around $13,000, which may be negative for the cryptocurrency’s price because of added selling pressure.
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BTC/USD$ 91,239.45 3.47%
ETH/USD$ 3,150.86 2.37%
USDT/USD$ 1.00 0.01%
SOL/USD$ 220.97 5.96%
BNB/USD$ 624.84 0.47%
DOGE/USD$ 0.378608 2.41%
XRP/USD$ 0.913376 10.09%
USDC/USD$ 0.99989 0.01%
STETH/USD$ 3,149.25 2.30%
ADA/USD$ 0.737891 23.23%
TRX/USD$ 0.189822 6.38%
SHIB/USD$ 0.000025 7.48%
AVAX/USD$ 34.43 9.10%
TON/USD$ 5.43 3.19%
WSTETH/USD$ 3,714.53 1.84%
WBTC/USD$ 91,118.41 3.59%
SUI/USD$ 3.87 21.67%
PEPE/USD$ 0.000023 8.15%
WETH/USD$ 3,155.65 2.45%
LINK/USD$ 14.26 8.74%
BCH/USD$ 434.26 3.40%
DOT/USD$ 5.25 8.37%
NEAR/USD$ 6.10 12.24%
LEO/USD$ 7.76 4.29%
APT/USD$ 12.48 8.93%
LTC/USD$ 83.75 2.47%
WEETH/USD$ 3,312.08 2.20%
UNI/USD$ 8.81 8.23%
USDS/USD$ 0.994887 0.73%
CRO/USD$ 0.168688 6.63%
XLM/USD$ 0.145269 7.05%
ICP/USD$ 9.04 12.88%
TAO/USD$ 535.96 6.33%
WIF/USD$ 3.91 11.30%
KAS/USD$ 0.14075 6.24%
ETC/USD$ 23.58 6.26%
FET/USD$ 1.32 8.00%
DAI/USD$ 0.999775 0.03%
WBT/USD$ 22.30 0.77%
USDE/USD$ 1.00 0.07%
BONK/USD$ 0.000044 26.91%
POL/USD$ 0.379814 6.09%
HBAR/USD$ 0.078807 17.82%
STX/USD$ 1.94 6.83%
RENDER/USD$ 7.35 11.86%
XMR/USD$ 144.09 3.05%
OKB/USD$ 44.19 1.81%
FDUSD/USD$ 1.00 0.18%
FLOKI/USD$ 0.000265 24.42%
AAVE/USD$ 169.45 8.86%