• bitcoinBitcoin (BTC) $ 115,911.00
  • ethereumEthereum (ETH) $ 4,658.93
  • xrpXRP (XRP) $ 3.12
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 241.49
  • bnbBNB (BNB) $ 931.01
  • usd-coinUSDC (USDC) $ 0.999816
  • dogecoinDogecoin (DOGE) $ 0.287913
  • staked-etherLido Staked Ether (STETH) $ 4,648.84
  • cardanoCardano (ADA) $ 0.927742
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  • wrapped-stethWrapped stETH (WSTETH) $ 5,640.91
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  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,823.00
  • hyperliquidHyperliquid (HYPE) $ 54.34
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  • polkadotPolkadot (DOT) $ 4.49
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  • whitebitWhiteBIT Coin (WBT) $ 44.22
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  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
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  • mantleMantle (MNT) $ 1.66
  • moneroMonero (XMR) $ 286.21
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  • bitget-tokenBitget Token (BGB) $ 5.02
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 296.68
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  • ondo-financeOndo (ONDO) $ 1.08
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  • aptosAptos (APT) $ 4.65
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  • pi-networkPi Network (PI) $ 0.368294
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.282940
  • binance-staked-solBinance Staked SOL (BNSOL) $ 259.28
  • arbitrumArbitrum (ARB) $ 0.541754
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,656.37
  • internet-computerInternet Computer (ICP) $ 5.04
  • usd1-wlfiUSD1 (USD1) $ 0.999851
  • pump-funPump.fun (PUMP) $ 0.007336
  • kaspaKaspa (KAS) $ 0.089430
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  • myx-financeMYX Finance (MYX) $ 11.96
  • cosmosCosmos Hub (ATOM) $ 4.82
  • algorandAlgorand (ALGO) $ 0.253068
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.86
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • vechainVeChain (VET) $ 0.025556
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  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,324.72
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  • susdssUSDS (SUSDS) $ 1.07
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  • falcon-financeFalcon USD (USDF) $ 1.00
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  • jupiter-exchange-solanaJupiter (JUP) $ 0.545410
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 5,037.48
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,939.00
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  • injective-protocolInjective (INJ) $ 14.52
  • xdce-crowd-saleXDC Network (XDC) $ 0.077633
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 274.41
  • tether-goldTether Gold (XAUT) $ 3,638.39
  • spx6900SPX6900 (SPX) $ 1.46
  • paypal-usdPayPal USD (PYUSD) $ 0.999911
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,980.40
  • immutable-xImmutable (IMX) $ 0.673575
  • nexoNEXO (NEXO) $ 1.29
  • wbnbWrapped BNB (WBNB) $ 930.95
  • blockstackStacks (STX) $ 0.695285
  • sonic-3Sonic (S) $ 0.319532
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,575.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.828682
  • lido-daoLido DAO (LDO) $ 1.29
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998102
  • aerodrome-financeAerodrome Finance (AERO) $ 1.23
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.12
  • msolMarinade Staked SOL (MSOL) $ 319.48
  • the-graphThe Graph (GRT) $ 0.100770
  • pax-goldPAX Gold (PAXG) $ 3,636.14
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999807
  • super-oethSuper OETH (SUPEROETH) $ 4,657.26
  • flokiFLOKI (FLOKI) $ 0.000107
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  • pyth-networkPyth Network (PYTH) $ 0.175208
  • dogwifcoindogwifhat (WIF) $ 0.973188
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,736.00
  • raydiumRaydium (RAY) $ 3.55
  • kaiaKaia (KAIA) $ 0.161953
  • conflux-tokenConflux (CFX) $ 0.184714
  • saros-financeSaros (SAROS) $ 0.359159
  • fartcoinFartcoin (FARTCOIN) $ 0.938734
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,488.88
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.60
  • clbtcclBTC (CLBTC) $ 114,546.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.35
  • theta-tokenTheta Network (THETA) $ 0.875315
  • pendlePendle (PENDLE) $ 5.17
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  • zcashZcash (ZEC) $ 51.70
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  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.59
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  • vaultaVaulta (A) $ 0.492961
  • jito-governance-tokenJito (JTO) $ 1.99
  • jasmycoinJasmyCoin (JASMY) $ 0.015372
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.287320
  • ripple-usdRipple USD (RLUSD) $ 0.999745
  • ether-fiEther.fi (ETHFI) $ 1.56
  • ousgOUSG (OUSG) $ 112.55
  • decentralandDecentraland (MANA) $ 0.370947
  • stader-ethxStader ETHx (ETHX) $ 4,975.71
  • flowFlow (FLOW) $ 0.432531
  • morphoMorpho (MORPHO) $ 2.09
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,643.77
  • tbtctBTC (TBTC) $ 115,505.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
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  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,657.55
  • aethirAethir (ATH) $ 0.054209
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  • walrus-2Walrus (WAL) $ 0.450614
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 5,122.05
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  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.71
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  • thorchainTHORChain (RUNE) $ 1.33
  • zksyncZKsync (ZK) $ 0.062609

Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan

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Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan

JPMorgan (JPM) raised its price targets for a number of bitcoin

BTC$104,909.92 mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday.

The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT) objective to $14 from $13 and its MARA Holdings (MARA) target to $19 from $18.

“Our price targets generally increased due to higher bitcoin prices and improving mining profitability,” analysts Reginald Smith and Charles Pearce wrote.

JPMorgan said it tweaked the price targets to reflect a 24% increase in the bank’s spot bitcoin assumption and a 9% increase to its network hashrate estimate.

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty.

JPMorgan reiterated its overweight rating on CleanSpark, IREN (IREN) and Riot, and its neutral rating for Cipher Mining (CIFR) and MARA.



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