• bitcoinBitcoin (BTC) $ 88,705.00
  • ethereumEthereum (ETH) $ 3,092.67
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 884.04
  • xrpXRP (XRP) $ 1.99
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,092.15
  • tronTRON (TRX) $ 0.277386
  • dogecoinDogecoin (DOGE) $ 0.134280
  • cardanoCardano (ADA) $ 0.398362
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 59.71
  • wrapped-stethWrapped stETH (WSTETH) $ 3,780.09
  • bitcoin-cashBitcoin Cash (BCH) $ 562.95
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 88,568.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,354.47
  • usdsUSDS (USDS) $ 0.999788
  • chainlinkChainlink (LINK) $ 13.40
  • wrapped-eethWrapped eETH (WEETH) $ 3,352.63
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • leo-tokenLEO Token (LEO) $ 9.15
  • wethWETH (WETH) $ 3,093.74
  • hyperliquidHyperliquid (HYPE) $ 29.08
  • moneroMonero (XMR) $ 412.05
  • stellarStellar (XLM) $ 0.230117
  • zcashZcash (ZEC) $ 406.38
  • ethena-usdeEthena USDe (USDE) $ 0.999293
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 88,704.00
  • litecoinLitecoin (LTC) $ 79.25
  • suiSui (SUI) $ 1.56
  • avalanche-2Avalanche (AVAX) $ 12.99
  • hedera-hashgraphHedera (HBAR) $ 0.118635
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • susdssUSDS (SUSDS) $ 1.08
  • usdt0USDT0 (USDT0) $ 0.999921
  • daiDai (DAI) $ 0.999576
  • mantleMantle (MNT) $ 1.29
  • paypal-usdPayPal USD (PYUSD) $ 0.999647
  • the-open-networkToncoin (TON) $ 1.57
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.139208
  • crypto-com-chainCronos (CRO) $ 0.097354
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • uniswapUniswap (UNI) $ 5.34
  • polkadotPolkadot (DOT) $ 1.96
  • memecoreMemeCore (M) $ 1.70
  • aaveAave (AAVE) $ 190.63
  • usd1-wlfiUSD1 (USD1) $ 0.999564
  • bittensorBittensor (TAO) $ 285.37
  • rainRain (RAIN) $ 0.008023
  • canton-networkCanton (CC) $ 0.071269
  • bitget-tokenBitget Token (BGB) $ 3.56
  • okbOKB (OKB) $ 110.72
  • tether-goldTether Gold (XAUT) $ 4,307.01
  • falcon-financeFalcon USD (USDF) $ 0.999256
  • aster-2Aster (ASTER) $ 0.930154
  • nearNEAR Protocol (NEAR) $ 1.60
  • ethereum-classicEthereum Classic (ETC) $ 12.82
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,094.02
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 162.44
  • ethenaEthena (ENA) $ 0.234261
  • pepePepe (PEPE) $ 0.000004
  • internet-computerInternet Computer (ICP) $ 3.13
  • pi-networkPi Network (PI) $ 0.202344
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.61
  • solanaSolana (SOL) $ 130.21
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • pump-funPump.fun (PUMP) $ 0.002667
  • hash-2Provenance Blockchain (HASH) $ 0.030246
  • htx-daoHTX DAO (HTX) $ 0.000002
  • pax-goldPAX Gold (PAXG) $ 4,322.12
  • global-dollarGlobal Dollar (USDG) $ 0.999793
  • ondo-financeOndo (ONDO) $ 0.447958
  • worldcoin-wldWorldcoin (WLD) $ 0.564994
  • kucoin-sharesKuCoin (KCS) $ 10.61
  • skySky (SKY) $ 0.060200
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • bfusdBFUSD (BFUSD) $ 0.999548
  • ripple-usdRipple USD (RLUSD) $ 0.999717
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,557.94
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999834
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.117417
  • aptosAptos (APT) $ 1.63
  • gatechain-tokenGate (GT) $ 10.38
  • kaspaKaspa (KAS) $ 0.045028
  • wbnbWrapped BNB (WBNB) $ 884.14
  • arbitrumArbitrum (ARB) $ 0.205552
  • binance-staked-solBinance Staked SOL (BNSOL) $ 141.47
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,280.91
  • midnight-3Midnight (NIGHT) $ 0.068157
  • quant-networkQuant (QNT) $ 77.50
  • official-trumpOfficial Trump (TRUMP) $ 5.45
  • algorandAlgorand (ALGO) $ 0.119555
  • ignition-fbtcFunction FBTC (FBTC) $ 88,697.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,308.28
  • cosmosCosmos Hub (ATOM) $ 2.12
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 88,580.00
  • flare-networksFlare (FLR) $ 0.012208
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 88,520.00
  • vechainVeChain (VET) $ 0.011317
  • nexoNEXO (NEXO) $ 0.960885
  • filecoinFilecoin (FIL) $ 1.31
  • xdce-crowd-saleXDC Network (XDC) $ 0.047210
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.92
  • usdtbUSDtb (USDTB) $ 1.00
  • ousgOUSG (OUSG) $ 113.62
  • sei-networkSei (SEI) $ 0.125120
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 29.29
  • wrappedm-by-m0WrappedM by M^0 (WM) $ 0.999957
  • render-tokenRender (RENDER) $ 1.49
  • usddUSDD (USDD) $ 1.00
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • bonkBonk (BONK) $ 0.000009
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.17
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,340.99
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 88,551.00
  • clbtcclBTC (CLBTC) $ 90,552.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998800
  • wrapped-flareWrapped Flare (WFLR) $ 0.012212
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • beldexBeldex (BDX) $ 0.089474
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010611
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999801
  • myx-financeMYX Finance (MYX) $ 3.45
  • usdaiUSDai (USDAI) $ 0.999829
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,298.13
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999680
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 150.43
  • jupiter-exchange-solanaJupiter (JUP) $ 0.197631
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,095.20
  • story-2Story (IP) $ 1.81
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.234665
  • morphoMorpho (MORPHO) $ 1.13
  • ultimaUltima (ULTIMA) $ 6,033.12
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,227.74
  • optimismOptimism (OP) $ 0.302399
  • usual-usdUsual USD (USD0) $ 0.997998
  • curve-dao-tokenCurve DAO (CRV) $ 0.379117
  • tbtctBTC (TBTC) $ 88,571.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,093.79
  • aerodrome-financeAerodrome Finance (AERO) $ 0.584975
  • lido-daoLido DAO (LDO) $ 0.585343
  • spx6900SPX6900 (SPX) $ 0.560709
  • dashDash (DASH) $ 41.71
  • bridged-wrapped-ether-pundi-aifx-omnilayerBridged Wrapped Ether (Pundi AIFX Omnilayer) (WETH) $ 35,382,014.00
  • injective-protocolInjective (INJ) $ 5.18
  • tezosTezos (XTZ) $ 0.481423
  • blockstackStacks (STX) $ 0.280921
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.775066
  • gtethGTETH (GTETH) $ 3,093.61
  • true-usdTrueUSD (TUSD) $ 0.996658
  • starknetStarknet (STRK) $ 0.102636
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,460.42
  • newton-projectAB (AB) $ 0.005367
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
  • ether-fiEther.fi (ETHFI) $ 0.792054
  • merlin-chainMerlin Chain (MERL) $ 0.451664
  • celestiaCelestia (TIA) $ 0.551687
  • ghoGHO (GHO) $ 1.00
  • stader-ethxStader ETHx (ETHX) $ 3,331.97
  • msolMarinade Staked SOL (MSOL) $ 175.03
  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.221830
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,299.06
  • telcoinTelcoin (TEL) $ 0.004666
  • kaiaKaia (KAIA) $ 0.074082
  • flokiFLOKI (FLOKI) $ 0.000045
  • the-graphThe Graph (GRT) $ 0.040234
  • swethSwell Ethereum (SWETH) $ 3,402.69
  • usdbUSDB (USDB) $ 1.00
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.975191
  • ethereum-name-serviceEthereum Name Service (ENS) $ 10.52
  • iotaIOTA (IOTA) $ 0.095960
  • bittorrentBitTorrent (BTT) $ 0.00000040
  • doublezeroDoubleZero (2Z) $ 0.114715
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,442.41
  • lorenzo-wrapped-bitcoinLorenzo Wrapped Bitcoin (ENZOBTC) $ 90,454.00
  • sbtc-2sBTC (SBTC) $ 88,814.00
  • sun-tokenSun Token (SUN) $ 0.020165
  • bitcoin-svBitcoin SV (BSV) $ 19.37
  • dogwifcoindogwifhat (WIF) $ 0.384202
  • justJUST (JST) $ 0.038682
  • basic-attention-tokenBasic Attention (BAT) $ 0.252799
  • conflux-tokenConflux (CFX) $ 0.072910
  • olympusOlympus (OHM) $ 22.15
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 88,582.00
  • apenftAINFT (NFT) $ 0.00000036
  • crvusdcrvUSD (CRVUSD) $ 1.00
  • pyth-networkPyth Network (PYTH) $ 0.061681
  • pippinpippin (PIPPIN) $ 0.350205
  • fartcoinFartcoin (FARTCOIN) $ 0.351562
  • pendlePendle (PENDLE) $ 2.10
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.134299
  • euro-coinEURC (EURC) $ 1.17
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,090.70
  • theta-tokenTheta Network (THETA) $ 0.338530
  • decredDecred (DCR) $ 19.71
  • heliumHelium (HNT) $ 1.80
  • sonic-3Sonic (S) $ 0.088168

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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