JPMorgan: Bitcoin Above $85,000 Production Cost May Curb Miner Sales

2026-09-25

JPMorgan analysts suggest that Bitcoin's sustained price above its estimated $85,000 production cost could reduce selling pressure from miners. This threshold is viewed as a key indicator for miner profitability and potential inventory movements.

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JPMorgan analysts suggest Bitcoin trading above an estimated $85,000 production cost may reduce selling pressure from miners. This price level is seen as a key indicator for miner profitability and could stabilize the market by reducing the outflow of mined Bitcoin.

Key facts

JPMorgan analysts believe Bitcoin above $85,000 production cost could lessen miner selling.
The $85,000 price is considered a benchmark for miner profitability.
Miners may be less likely to sell if the price is above their production cost.
Sustained prices above production cost might help stabilize the market.
The price of Bitcoin impacts miners' operational viability and selling strategies.

Source: The Block

Reported by VERA Newswire.