• bitcoinBitcoin (BTC) $ 87,625.00
  • ethereumEthereum (ETH) $ 2,969.23
  • tetherTether (USDT) $ 0.999511
  • bnbBNB (BNB) $ 844.44
  • xrpXRP (XRP) $ 1.88
  • usd-coinUSDC (USDC) $ 0.999747
  • solanaSolana (SOL) $ 124.22
  • tronTRON (TRX) $ 0.282864
  • staked-etherLido Staked Ether (STETH) $ 2,968.02
  • dogecoinDogecoin (DOGE) $ 0.129320
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • cardanoCardano (ADA) $ 0.363054
  • whitebitWhiteBIT Coin (WBT) $ 56.87
  • wrapped-stethWrapped stETH (WSTETH) $ 3,627.31
  • bitcoin-cashBitcoin Cash (BCH) $ 575.35
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,552.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,224.26
  • usdsUSDS (USDS) $ 0.999569
  • wrapped-eethWrapped eETH (WEETH) $ 3,217.84
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999293
  • chainlinkChainlink (LINK) $ 12.41
  • moneroMonero (XMR) $ 445.06
  • wethWETH (WETH) $ 2,968.20
  • leo-tokenLEO Token (LEO) $ 7.88
  • stellarStellar (XLM) $ 0.216988
  • zcashZcash (ZEC) $ 418.96
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 87,641.00
  • ethena-usdeEthena USDe (USDE) $ 0.998679
  • litecoinLitecoin (LTC) $ 77.15
  • hyperliquidHyperliquid (HYPE) $ 24.43
  • suiSui (SUI) $ 1.44
  • avalanche-2Avalanche (AVAX) $ 12.24
  • hedera-hashgraphHedera (HBAR) $ 0.110156
  • susdssUSDS (SUSDS) $ 1.08
  • daiDai (DAI) $ 0.999795
  • usdt0USDT0 (USDT0) $ 0.999340
  • shiba-inuShiba Inu (SHIB) $ 0.000007
  • paypal-usdPayPal USD (PYUSD) $ 0.999832
  • crypto-com-chainCronos (CRO) $ 0.094672
  • uniswapUniswap (UNI) $ 5.79
  • the-open-networkToncoin (TON) $ 1.48
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.132365
  • mantleMantle (MNT) $ 1.06
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • canton-networkCanton (CC) $ 0.083449
  • polkadotPolkadot (DOT) $ 1.77
  • usd1-wlfiUSD1 (USD1) $ 0.998932
  • rainRain (RAIN) $ 0.008060
  • bitget-tokenBitget Token (BGB) $ 3.46
  • memecoreMemeCore (M) $ 1.37
  • tether-goldTether Gold (XAUT) $ 4,483.77
  • okbOKB (OKB) $ 110.12
  • aaveAave (AAVE) $ 150.49
  • falcon-financeFalcon USD (USDF) $ 0.997932
  • bittensorBittensor (TAO) $ 215.82
  • nearNEAR Protocol (NEAR) $ 1.51
  • ethereum-classicEthereum Classic (ETC) $ 12.10
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,969.37
  • jito-staked-solJito Staked SOL (JITOSOL) $ 155.48
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pi-networkPi Network (PI) $ 0.201783
  • hash-2Provenance Blockchain (HASH) $ 0.031980
  • pepePepe (PEPE) $ 0.000004
  • aster-2Aster (ASTER) $ 0.694242
  • internet-computerInternet Computer (ICP) $ 3.01
  • pax-goldPAX Gold (PAXG) $ 4,506.19
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • htx-daoHTX DAO (HTX) $ 0.000002
  • ethenaEthena (ENA) $ 0.200080
  • global-dollarGlobal Dollar (USDG) $ 0.999484
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • skySky (SKY) $ 0.064675
  • kucoin-sharesKuCoin (KCS) $ 10.84
  • ripple-usdRipple USD (RLUSD) $ 0.999867
  • midnight-3Midnight (NIGHT) $ 0.079662
  • bfusdBFUSD (BFUSD) $ 0.998782
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999679
  • worldcoin-wldWorldcoin (WLD) $ 0.494997
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,421.42
  • ondo-financeOndo (ONDO) $ 0.387329
  • kaspaKaspa (KAS) $ 0.045644
  • aptosAptos (APT) $ 1.62
  • binance-staked-solBinance Staked SOL (BNSOL) $ 135.22
  • gatechain-tokenGate (GT) $ 10.21
  • wbnbWrapped BNB (WBNB) $ 844.43
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.106805
  • quant-networkQuant (QNT) $ 75.81
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,147.84
  • arbitrumArbitrum (ARB) $ 0.188939
  • pump-funPump.fun (PUMP) $ 0.001732
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • official-trumpOfficial Trump (TRUMP) $ 4.97
  • algorandAlgorand (ALGO) $ 0.111969
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 87,805.00
  • ignition-fbtcFunction FBTC (FBTC) $ 88,237.00
  • filecoinFilecoin (FIL) $ 1.34
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 87,478.00
  • cosmosCosmos Hub (ATOM) $ 1.98
  • nexoNEXO (NEXO) $ 0.931451
  • flare-networksFlare (FLR) $ 0.011360
  • vechainVeChain (VET) $ 0.010556
  • xdce-crowd-saleXDC Network (XDC) $ 0.048764
  • usddUSDD (USDD) $ 0.999320
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,179.78
  • usdtbUSDtb (USDTB) $ 0.999871
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.93
  • ousgOUSG (OUSG) $ 113.73
  • wrappedm-by-m0WrappedM by M^0 (WM) $ 0.998575
  • beldexBeldex (BDX) $ 0.097825
  • sei-networkSei (SEI) $ 0.110291
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999702
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,479.00
  • clbtcclBTC (CLBTC) $ 89,447.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,220.34
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • bonkBonk (BONK) $ 0.000008
  • render-tokenRender (RENDER) $ 1.28
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,164.86
  • usdaiUSDai (USDAI) $ 0.999839
  • morphoMorpho (MORPHO) $ 1.19
  • wrapped-flareWrapped Flare (WFLR) $ 0.011363
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999886
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,968.19
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 24.59
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.81
  • jupiter-exchange-solanaJupiter (JUP) $ 0.190456
  • myx-financeMYX Finance (MYX) $ 3.12
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,126.83
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 143.89
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008882
  • usual-usdUsual USD (USD0) $ 0.998816
  • c8ntinuumc8ntinuum (CTM) $ 0.122598
  • curve-dao-tokenCurve DAO (CRV) $ 0.369013
  • tbtctBTC (TBTC) $ 87,643.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,967.92
  • optimismOptimism (OP) $ 0.270989
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998245
  • story-2Story (IP) $ 1.48
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
  • ghoGHO (GHO) $ 1.00
  • true-usdTrueUSD (TUSD) $ 0.998405
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,460.42
  • fasttokenFasttoken (FTN) $ 1.13
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.211715
  • lido-daoLido DAO (LDO) $ 0.536991
  • dashDash (DASH) $ 37.90
  • tezosTezos (XTZ) $ 0.443897
  • gtethGTETH (GTETH) $ 2,969.22
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  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.705871
  • injective-protocolInjective (INJ) $ 4.61
  • merlin-chainMerlin Chain (MERL) $ 0.421084
  • pippinpippin (PIPPIN) $ 0.458399
  • blockstackStacks (STX) $ 0.244889
  • spx6900SPX6900 (SPX) $ 0.477244
  • newton-projectAB (AB) $ 0.004757
  • stader-ethxStader ETHx (ETHX) $ 3,195.84
  • aerodrome-financeAerodrome Finance (AERO) $ 0.484136
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,189.99
  • msolMarinade Staked SOL (MSOL) $ 167.48
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  • swethSwell Ethereum (SWETH) $ 3,278.23
  • starknetStarknet (STRK) $ 0.079927
  • justJUST (JST) $ 0.039890
  • sbtc-2sBTC (SBTC) $ 88,085.00
  • the-graphThe Graph (GRT) $ 0.036638
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  • sun-tokenSun Token (SUN) $ 0.020159
  • bittorrentBitTorrent (BTT) $ 0.00000039
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,317.53
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  • dogwifcoindogwifhat (WIF) $ 0.324539
  • gnosisGnosis (GNO) $ 122.42
  • jasmycoinJasmyCoin (JASMY) $ 0.006334

Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

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Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday.

“Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote.

Bitcoin miners that are dependent on older or less-efficient rigs are faced with higher exposure to these tariffs, the report said.

Core Scientific (CORZ) is “better insulated, as it transitions to HPC,” the authors wrote, adding that Bitdeer (BTDR), which makes its own rigs, could see margin pressure on sales outside the U.S.

The asset manager predicts that the Bitcoin network hashrate could reach 1 zettahash per second (ZH/s) by July and 2 ZH/s by early 2027.

The hashprice outlook is not as positive.

The asset manager’s model indicates “a gradual structural decline, with prices likely to remain range-bound between $35 and $50 per PH/day through to the 2028 halving cycle.”

Tariffs and trade tensions could be positive for bitcoin adoption in the medium term, asset manager Grayscale said in a research report earlier this month.



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