November 29, 2022

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Bitcoin jumps above US$34K

1 min read

BTC/USD on the rise –  getting some favourable commentary about the place

JP Morgan reckons the crackdown in China is a positive, not a negative:

  • crackdown on mining operations in China should be considered as positive for bitcoin over the medium term
  • it accelerates a shift away from China’s high share in bitcoin’s hash rate, reducing concentration

 more to come  

BTC/USD on the rise -  getting some favourable commentary about the place

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