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JPMorgan: Bitcoin (BTC) Breaks Above $85,000 Production Cost After 280 Days

COINOTAG·September 24, 2026·1 min read
JPMorgan: Bitcoin (BTC) Breaks Above $85,000 Production Cost After 280 Days

Bitcoin traded above JPMorgan's $85,000 production cost for the first time in 280 days, easing miner selling pressure as hashrate slides 19% from its peak. This price level may reduce the need for miners to sell holdings, supporting market stability.

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