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coinpedia 2024-06-24 12:39:57

JPMorgan Report: Bitcoin Miners Surge Despite BTC Decline

The post JPMorgan Report: Bitcoin Miners Surge Despite BTC Decline appeared first on Coinpedia Fintech News A recent report by JPMorgan reveals that investor interest is rapidly rising in Bitcoin mining following Core Scientific’s AI partnership with CoreWeave. After the announcement, the total market cap of 14 tracked miners surged by 22% ($4 billion). However, BTC saw a decline of 7%, while the S&P 500 rose by only 3%. This re-rating …

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