JPMorgan analysts estimate Bitcoin’s production cost has dropped to $77k (from $90k earlier), with hashrate rebounding and costs likely rising after the next difficulty adjustment. They remain positive on crypto in 2026, citing expected institutional inflows and regulations like the Clarity Act, with a long-term Bitcoin target of $266k. Recent difficulty fell 15% due to high-cost miner shutdowns and U.S. winter storms, but hashrate is recovering. x.com/TheBlock__/status/202201...…
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