• bitcoinBitcoin (BTC) $ 105,067.00
  • ethereumEthereum (ETH) $ 2,540.32
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 650.05
  • solanaSolana (SOL) $ 145.86
  • usd-coinUSDC (USDC) $ 0.999806
  • dogecoinDogecoin (DOGE) $ 0.178210
  • tronTRON (TRX) $ 0.269669
  • staked-etherLido Staked Ether (STETH) $ 2,538.48
  • cardanoCardano (ADA) $ 0.636849
  • hyperliquidHyperliquid (HYPE) $ 41.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,965.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,056.95
  • suiSui (SUI) $ 3.02
  • bitcoin-cashBitcoin Cash (BCH) $ 437.00
  • chainlinkChainlink (LINK) $ 13.18
  • leo-tokenLEO Token (LEO) $ 9.06
  • stellarStellar (XLM) $ 0.260127
  • avalanche-2Avalanche (AVAX) $ 19.19
  • the-open-networkToncoin (TON) $ 2.99
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999736
  • hedera-hashgraphHedera (HBAR) $ 0.159147
  • wethWETH (WETH) $ 2,540.80
  • wrapped-eethWrapped eETH (WEETH) $ 2,717.57
  • litecoinLitecoin (LTC) $ 86.42
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.81
  • moneroMonero (XMR) $ 314.38
  • whitebitWhiteBIT Coin (WBT) $ 39.04
  • bitget-tokenBitget Token (BGB) $ 4.55
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,364.00
  • pepePepe (PEPE) $ 0.000011
  • pi-networkPi Network (PI) $ 0.595057
  • uniswapUniswap (UNI) $ 7.38
  • aaveAave (AAVE) $ 277.93
  • daiDai (DAI) $ 0.999671
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 370.75
  • okbOKB (OKB) $ 51.66
  • internet-computerInternet Computer (ICP) $ 5.65
  • aptosAptos (APT) $ 4.54
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.24
  • crypto-com-chainCronos (CRO) $ 0.091719
  • ethereum-classicEthereum Classic (ETC) $ 16.81
  • ondo-financeOndo (ONDO) $ 0.795873
  • jito-staked-solJito Staked SOL (JITOSOL) $ 176.22
  • susdssUSDS (SUSDS) $ 1.06
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.43
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.640789
  • gatechain-tokenGate (GT) $ 17.11
  • official-trumpOfficial Trump (TRUMP) $ 10.53
  • kaspaKaspa (KAS) $ 0.075965
  • vechainVeChain (VET) $ 0.022295
  • fasttokenFasttoken (FTN) $ 4.45
  • cosmosCosmos Hub (ATOM) $ 4.16
  • skySky (SKY) $ 0.087316
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,782.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.202305
  • ethenaEthena (ENA) $ 0.298636
  • render-tokenRender (RENDER) $ 3.44
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.674834
  • arbitrumArbitrum (ARB) $ 0.342218
  • filecoinFilecoin (FIL) $ 2.44
  • worldcoin-wldWorldcoin (WLD) $ 0.992071
  • algorandAlgorand (ALGO) $ 0.180041
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,541.17
  • usdt0USDT0 (USDT0) $ 1.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999246
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.38
  • usdtbUSDtb (USDTB) $ 0.999926
  • kucoin-sharesKuCoin (KCS) $ 11.19
  • spx6900SPX6900 (SPX) $ 1.44
  • binance-staked-solBinance Staked SOL (BNSOL) $ 154.16
  • flare-networksFlare (FLR) $ 0.018709
  • celestiaCelestia (TIA) $ 1.84
  • nexoNEXO (NEXO) $ 1.22
  • jupiter-exchange-solanaJupiter (JUP) $ 0.413723
  • fartcoinFartcoin (FARTCOIN) $ 1.21
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.84
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,890.11
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,657.29
  • bonkBonk (BONK) $ 0.000015
  • injective-protocolInjective (INJ) $ 11.81
  • sonic-3Sonic (S) $ 0.343969
  • story-2Story (IP) $ 3.67
  • optimismOptimism (OP) $ 0.601058
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.638321
  • xdce-crowd-saleXDC Network (XDC) $ 0.060077
  • paypal-usdPayPal USD (PYUSD) $ 0.999708
  • sei-networkSei (SEI) $ 0.178585
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,702.92
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,660.72
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,728.00
  • kaiaKaia (KAIA) $ 0.149929
  • immutable-xImmutable (IMX) $ 0.464622
  • wbnbWrapped BNB (WBNB) $ 650.48
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,888.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,676.28
  • dogwifcoindogwifhat (WIF) $ 0.854959
  • tether-goldTether Gold (XAUT) $ 3,436.43
  • the-graphThe Graph (GRT) $ 0.088602
  • vaultaVaulta (A) $ 0.532753
  • pax-goldPAX Gold (PAXG) $ 3,458.26
  • clbtcclBTC (CLBTC) $ 107,123.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.604019
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.46
  • newton-projectAB (AB) $ 0.012548
  • flokiFLOKI (FLOKI) $ 0.000079
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 162.71
  • lido-daoLido DAO (LDO) $ 0.816613
  • zcashZcash (ZEC) $ 45.20
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,738.90
  • theta-tokenTheta Network (THETA) $ 0.710864
  • msolMarinade Staked SOL (MSOL) $ 189.54
  • ousgOUSG (OUSG) $ 111.43
  • galaGALA (GALA) $ 0.015213
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.36
  • jito-governance-tokenJito (JTO) $ 1.99
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999663
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • iotaIOTA (IOTA) $ 0.171584
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • the-sandboxThe Sandbox (SAND) $ 0.266653
  • jasmycoinJasmyCoin (JASMY) $ 0.013200
  • walrus-2Walrus (WAL) $ 0.468606
  • bitcoin-svBitcoin SV (BSV) $ 31.31
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.01
  • pyth-networkPyth Network (PYTH) $ 0.107208
  • usual-usdUsual USD (USD0) $ 0.997499
  • wrapped-hypeWrapped HYPE (WHYPE) $ 41.07
  • aerodrome-financeAerodrome Finance (AERO) $ 0.737427
  • pendlePendle (PENDLE) $ 3.76
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009648
  • raydiumRaydium (RAY) $ 2.08
  • tezosTezos (XTZ) $ 0.571375
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,245.00
  • coredaoorgCore (CORE) $ 0.584700
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • falcon-financeFalcon USD (USDF) $ 0.998915
  • saros-financeSaros (SAROS) $ 0.216526
  • flowFlow (FLOW) $ 0.355201
  • super-oethSuper OETH (SUPEROETH) $ 2,540.47
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,542.29
  • apecoinApeCoin (APE) $ 0.693750
  • tbtctBTC (TBTC) $ 104,827.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,665.42
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,709.71
  • thorchainTHORChain (RUNE) $ 1.50
  • syrupMaple Finance (SYRUP) $ 0.480317
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,541.76
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,095.00
  • decentralandDecentraland (MANA) $ 0.266722
  • dexeDeXe (DEXE) $ 8.87
  • true-usdTrueUSD (TUSD) $ 0.998393
  • compound-governance-tokenCompound (COMP) $ 53.12
  • grassGrass (GRASS) $ 1.64
  • staked-hypeStaked HYPE (STHYPE) $ 41.03
  • heliumHelium (HNT) $ 2.50
  • kavaKava (KAVA) $ 0.421432
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.178009
  • chain-2Onyxcoin (XCN) $ 0.013404
  • based-brettBrett (BRETT) $ 0.045036
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  • eosEOS (EOS) $ 0.596823
  • usddUSDD (USDD) $ 1.00
  • beldexBeldex (BDX) $ 0.060593
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999806
  • axelarAxelar (AXL) $ 0.434689
  • keetaKeeta (KTA) $ 1.03
  • ecasheCash (XEC) $ 0.000021
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  • dydx-chaindYdX (DYDX) $ 0.525452
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.31
  • hashnote-usycCircle USYC (USYC) $ 1.09
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  • telcoinTelcoin (TEL) $ 0.004018
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006338

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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