Bitcoin Miners Buckle Under April Price Pressure, But JP Morgan Analyst Says MARA, CleanSpark Held Strong
1. Bitcoin miners had mixed performance in early April due to price fluctuations. 2. CLSK outperformed Bitcoin price gains, benefiting operationally in March. 3. Average Bitcoin price fell to $75,000 but recovered to $85,000. 4. Mining profitability pressured by rising network hash rate outpacing miner expansion. 5. U.S. miners now trading lower at 1.2 times the four-year block reward opportunity.