Back to all news
Bitcoin

JPMorgan Explains Why $85K Level Is Crucial for Bitcoin (BTC)

U.Today·September 24, 2026·1 min read
JPMorgan Explains Why $85K Level Is Crucial for Bitcoin (BTC)

JPMorgan said Bitcoin's brief move above the $85,000 production-cost level could ease pressure on miners after BTC spent 280 days below that threshold. The level is considered crucial for miner profitability, and sustained prices above it may support network hash rate and reduce selling pressure.

Read at U.Today
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store