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Bitcoin ‘miners’ are losing money at any price below $8,600: Morgan Stanley

April 20, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_7 /by euitsols

If bitcoin can’t recover $8,600 soon, bitcoin “miners” will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said.

Bitcoin traded slightly higher near $8,200 on Thursday, according to CoinDesk. It has struggled to recover in the last few months after tumbli…

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