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Is Bitcoin due for a major correction? JPMorgan predicts drop to $42000 after April halving

Retrieved on: 2024-02-29 21:20:57

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Is Bitcoin due for a major correction? JPMorgan predicts drop to $42000 after April halving. View article details on hiswai:

Summary

The article discusses the potential impact of the upcoming Bitcoin halving on miners and prices, with an emphasis on production costs and hashrate decreases, and notes Coinbase's challenges during price surges. It relates to the economics of Bitcoin and the strategies mining pools might employ amid market shifts.

Article found on: fortune.com

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