BTC mining is under short-term pressure, why does JPMorgan have a bullish outlook on $170,000?

the midst of this chaos, has set a long-term target price of $170,000. Recently, JPMorgan revised its estimate of Bitcoin's production cost down from $94,000 to $90,000, while the current price continues to fluctuate below this critical cost line. High-cost miners are being forced to sell Bitcoin to maintain operations. However, JPMorgan is

BTC mining is under short-term pressure, why does JPMorgan have a bullish outlook on $170,000?

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From Holding Coins to Earning Interest: Listed Companies' Crypto Allocations Enter the "Compound Returns" Era, DeFi Development Explores 15% Annualized Returns on Stablecoins

BBX disclosed that global listed companies have fully upgraded from simple asset purchases and holdings to a new framework of "composite returns" that combines pledged income, stablecoin interest, and strategic financing.

From Holding Coins to Earning Interest: Listed Companies' Crypto Allocations Enter the "Compound Returns" Era, DeFi Development Explores 15% Annualized Returns on Stablecoins

31 minutes ago

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"Shadow Fed Chair" Hassett speaks out: The Federal Reserve should cut interest rates next week, expecting a 25 basis points reduction.

However, Deutsche Bank believes that even if Hasset takes office, there will still be significant obstacles to the actual implementation of interest rate cuts.

"Shadow Fed Chair" Hassett speaks out: The Federal Reserve should cut interest rates next week, expecting a 25 basis points reduction.

1 hour ago

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AICoin Daily Report (December 05)

BlackRock's CEO calls Bitcoin a "fear asset," and his company holds 780,000 BTC; the market expects a 94% probability of the Federal Reserve cutting interest rates in December; JPMorgan predicts Bitcoin could reach $170,000; Schwab and Citibank plan to offer Bitcoin mortgage services in 2026.

AICoin Daily Report (December 05)

2 hours ago

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Canton Network Creator Snags Strategic Investment from Wall Street Giants

BNY, Nasdaq, iCapital and S&P Global invested in Digital Assets, powering blockchain infrastructure for tokenized real-world assets.

Canton Network Creator Snags Strategic Investment from Wall Street Giants

5 hours ago

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Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems

The bridge, secured by Chainlink\\\'s Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based dapps.

Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems

7 hours ago

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U.S. CFTC-Driven Spot Crypto Trading Going Live, Opening Up New (Regulated) Arena

President Donald Trump\\\'s push toward friendly crypto policies produced a CFTC-led effort to encourage leveraged spot crypto trading, starting with Bitnomial.

U.S. CFTC-Driven Spot Crypto Trading Going Live, Opening Up New (Regulated) Arena

10 hours ago

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Malaysian Forms Air and Ground Task Force to Shutdown 14,000 BTC Mining Rigs

Authorities released a report revealing 14,000 illegal bitcoin miners siphoned electricity from the national grid worth $1.1 billion since 2020.

Malaysian Forms Air and Ground Task Force to Shutdown 14,000 BTC Mining Rigs

14 hours ago

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2025 Cryptocurrency Prediction Review: Which Ones Hit and Which Ones Flopped?

A year has passed, have those predictions from back then come true?

2025 Cryptocurrency Prediction Review: Which Ones Hit and Which Ones Flopped?

15 hours ago

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Huobi Growth Academy | Cryptocurrency Market Macro Research Report: Key Window for Macro Liquidity, Institutionalization, and Risk Reassessment

Overall, this round of rebound has significantly improved market sentiment on the emotional level, reshaped key support on the technical level, and released potential participation willingness on the funding level, but there is still a phase distance from a trend-driven bull market.

Huobi Growth Academy | Cryptocurrency Market Macro Research Report: Key Window for Macro Liquidity, Institutionalization, and Risk Reassessment

17 hours ago

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Crypto giants in a war of words: Faith, practicality, and the macro perspective.

As the cryptocurrency market attempts to rebound from a deep decline, every wave pulls at the nerves of global investors. Unlike the cold chart data, the voices of key opinion leaders (KOLs) in the market provide us with a more vivid dimension to understand this turmoil—there are near-religious declarations of faith, cold and pragmatic asset selections, and profound warnings about macro changes. Their viewpoints clash intensely, collectively painting a complex and divided consensus landscape of the current market.

Crypto giants in a war of words: Faith, practicality, and the macro perspective.

17 hours ago

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