"Bitcoin Halving Sparks Price Drop Warning from JPMorgan"

1 min read
Source: Markets Insider
"Bitcoin Halving Sparks Price Drop Warning from JPMorgan"
Photo: Markets Insider
TL;DR Summary

JPMorgan predicts that Bitcoin's long-awaited halving event could lead to a price decline due to overbought market conditions, subdued venture capital funding, and potential challenges for mining companies post-halving, with some likely to relocate to more energy-efficient regions or consolidate with larger miners.

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