• bitcoinBitcoin (BTC) $ 71,824.00
  • ethereumEthereum (ETH) $ 2,114.97
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 665.20
  • xrpXRP (XRP) $ 1.41
  • usd-coinUSDC (USDC) $ 0.999982
  • solanaSolana (SOL) $ 88.54
  • tronTRON (TRX) $ 0.296868
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.096509
  • whitebitWhiteBIT Coin (WBT) $ 55.94
  • usdsUSDS (USDS) $ 0.999939
  • cardanoCardano (ADA) $ 0.265871
  • bitcoin-cashBitcoin Cash (BCH) $ 468.29
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • hyperliquidHyperliquid (HYPE) $ 37.34
  • leo-tokenLEO Token (LEO) $ 9.08
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • moneroMonero (XMR) $ 356.28
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • chainlinkChainlink (LINK) $ 9.26
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • ethena-usdeEthena USDe (USDE) $ 1.00
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  • stellarStellar (XLM) $ 0.167136
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • usd1-wlfiUSD1 (USD1) $ 0.999152
  • rainRain (RAIN) $ 0.009033
  • susdssUSDS (SUSDS) $ 1.08
  • daiDai (DAI) $ 1.00
  • litecoinLitecoin (LTC) $ 55.41
  • avalanche-2Avalanche (AVAX) $ 9.78
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • hedera-hashgraphHedera (HBAR) $ 0.096002
  • paypal-usdPayPal USD (PYUSD) $ 0.999518
  • suiSui (SUI) $ 1.01
  • wethWETH (WETH) $ 2,268.37
  • zcashZcash (ZEC) $ 228.13
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • crypto-com-chainCronos (CRO) $ 0.077527
  • usdt0USDT0 (USDT0) $ 0.998824
  • the-open-networkToncoin (TON) $ 1.29
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.103770
  • tether-goldTether Gold (XAUT) $ 4,989.41
  • memecoreMemeCore (M) $ 1.47
  • mantleMantle (MNT) $ 0.782185
  • bittensorBittensor (TAO) $ 267.85
  • uniswapUniswap (UNI) $ 3.97
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • pax-goldPAX Gold (PAXG) $ 5,016.31
  • polkadotPolkadot (DOT) $ 1.42
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • okbOKB (OKB) $ 96.89
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pi-networkPi Network (PI) $ 0.191452
  • global-dollarGlobal Dollar (USDG) $ 0.999979
  • aster-2Aster (ASTER) $ 0.717071
  • falcon-financeFalcon USD (USDF) $ 0.997655
  • nearNEAR Protocol (NEAR) $ 1.35
  • skySky (SKY) $ 0.075113
  • aaveAave (AAVE) $ 112.71
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • ripple-usdRipple USD (RLUSD) $ 0.999824
  • bitget-tokenBitget Token (BGB) $ 2.18
  • htx-daoHTX DAO (HTX) $ 0.000002
  • internet-computerInternet Computer (ICP) $ 2.69
  • pepePepe (PEPE) $ 0.000003
  • bfusdBFUSD (BFUSD) $ 0.999302
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.12
  • ethereum-classicEthereum Classic (ETC) $ 8.33
  • ondo-financeOndo (ONDO) $ 0.265396
  • pump-funPump.fun (PUMP) $ 0.002013
  • gatechain-tokenGate (GT) $ 7.18
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.02
  • kucoin-sharesKuCoin (KCS) $ 8.24
  • worldcoin-wldWorldcoin (WLD) $ 0.359954
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • morphoMorpho (MORPHO) $ 1.85
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  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.20
  • render-tokenRender (RENDER) $ 1.83
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
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  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • cosmosCosmos Hub (ATOM) $ 1.85
  • nexoNEXO (NEXO) $ 0.904390
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • midnight-3Midnight (NIGHT) $ 0.050822
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • usdtbUSDtb (USDTB) $ 1.00
  • kaspaKaspa (KAS) $ 0.030653
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • algorandAlgorand (ALGO) $ 0.090808
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  • wbnbWrapped BNB (WBNB) $ 759.61
  • usddUSDD (USDD) $ 1.00
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • flare-networksFlare (FLR) $ 0.008725
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  • ousgOUSG (OUSG) $ 114.58
  • hash-2Provenance Blockchain (HASH) $ 0.012498
  • filecoinFilecoin (FIL) $ 0.886838
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • xdce-crowd-saleXDC Network (XDC) $ 0.031733
  • vechainVeChain (VET) $ 0.007223
  • beldexBeldex (BDX) $ 0.080452
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • arbitrumArbitrum (ARB) $ 0.101934
  • yldsYLDS (YLDS) $ 1.00
  • stable-2​​Stable (STABLE) $ 0.028402
  • ghoGHO (GHO) $ 1.00
  • usual-usdUsual USD (USD0) $ 0.997471
  • jupiter-exchange-solanaJupiter (JUP) $ 0.159788
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • bonkBonk (BONK) $ 0.000006
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • true-usdTrueUSD (TUSD) $ 0.999175
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • a7a5A7A5 (A7A5) $ 0.012407
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.731853
  • riverRiver (RIVER) $ 24.47
  • clbtcclBTC (CLBTC) $ 76,920.00
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  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.007331
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  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
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  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • layerzeroLayerZero (ZRO) $ 2.02
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  • ether-fiEther.fi (ETHFI) $ 0.548537
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  • chilizChiliz (CHZ) $ 0.038161
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
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  • usxUSX (USX) $ 0.999806
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  • pippinpippin (PIPPIN) $ 0.372519
  • cocaCOCA (COCA) $ 1.30
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  • curve-dao-tokenCurve DAO (CRV) $ 0.235907
  • gnosisGnosis (GNO) $ 131.18
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • bittorrentBitTorrent (BTT) $ 0.00000034
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • apenftAINFT (NFT) $ 0.00000033
  • usdaiUSDai (USDAI) $ 0.999978
  • hastra-primePRIME (PRIME) $ 1.03
  • kaiaKaia (KAIA) $ 0.053851
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • sun-tokenSun Token (SUN) $ 0.016366
  • celestiaCelestia (TIA) $ 0.352430
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • conflux-tokenConflux (CFX) $ 0.059774
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • aerodrome-financeAerodrome Finance (AERO) $ 0.334658
  • syrupMaple Finance (SYRUP) $ 0.266114
  • injective-protocolInjective (INJ) $ 3.07
  • bitcoin-svBitcoin SV (BSV) $ 15.13
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  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
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  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
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  • msolMarinade Staked SOL (MSOL) $ 133.18
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  • lido-daoLido DAO (LDO) $ 0.305868
  • thetrumptokenTheTrumpToken (GREAT) $ 12.01
  • staked-aaveStaked Aave (STKAAVE) $ 126.65

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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