Bitcoin Miners Lose $6 Billion in March: JPMorgan Paints Grim Picture of Crypto Market

March proved a difficult month for U.S.-listed Bitcoin miners, as the market suffered significant losses according to a recent report from financial giant JPMorgan. The firm reported a staggering $6 billion vanished from the market capitalization of these companies in just one month, marking the third-worst monthly performance on record. This downturn has sent ripples of concern throughout the crypto market, but deeper analysis reveals potential factors behind this volatility.