• bitcoinBitcoin (BTC) $ 117,016.00
  • ethereumEthereum (ETH) $ 3,758.67
  • xrpXRP (XRP) $ 3.08
  • tetherTether (USDT) $ 0.999786
  • bnbBNB (BNB) $ 785.76
  • solanaSolana (SOL) $ 175.54
  • usd-coinUSDC (USDC) $ 0.999787
  • staked-etherLido Staked Ether (STETH) $ 3,749.38
  • dogecoinDogecoin (DOGE) $ 0.216966
  • tronTRON (TRX) $ 0.328115
  • cardanoCardano (ADA) $ 0.758251
  • wrapped-stethWrapped stETH (WSTETH) $ 4,550.42
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,898.00
  • hyperliquidHyperliquid (HYPE) $ 42.01
  • suiSui (SUI) $ 3.75
  • stellarStellar (XLM) $ 0.405865
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,045.20
  • chainlinkChainlink (LINK) $ 17.48
  • bitcoin-cashBitcoin Cash (BCH) $ 567.93
  • hedera-hashgraphHedera (HBAR) $ 0.253911
  • wrapped-eethWrapped eETH (WEETH) $ 4,032.41
  • avalanche-2Avalanche (AVAX) $ 23.15
  • wethWETH (WETH) $ 3,758.65
  • litecoinLitecoin (LTC) $ 109.22
  • leo-tokenLEO Token (LEO) $ 8.95
  • the-open-networkToncoin (TON) $ 3.35
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • usdsUSDS (USDS) $ 0.999861
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 43.84
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,062.00
  • uniswapUniswap (UNI) $ 9.86
  • polkadotPolkadot (DOT) $ 3.77
  • moneroMonero (XMR) $ 308.19
  • bitget-tokenBitget Token (BGB) $ 4.50
  • pepePepe (PEPE) $ 0.000011
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • crypto-com-chainCronos (CRO) $ 0.142209
  • aaveAave (AAVE) $ 272.05
  • ethenaEthena (ENA) $ 0.586702
  • daiDai (DAI) $ 0.999863
  • bittensorBittensor (TAO) $ 368.87
  • nearNEAR Protocol (NEAR) $ 2.62
  • ethereum-classicEthereum Classic (ETC) $ 21.17
  • pi-networkPi Network (PI) $ 0.416039
  • aptosAptos (APT) $ 4.44
  • ondo-financeOndo (ONDO) $ 0.940939
  • internet-computerInternet Computer (ICP) $ 5.38
  • okbOKB (OKB) $ 47.97
  • jito-staked-solJito Staked SOL (JITOSOL) $ 213.74
  • mantleMantle (MNT) $ 0.744057
  • kaspaKaspa (KAS) $ 0.092099
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,765.55
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.035274
  • bonkBonk (BONK) $ 0.000029
  • algorandAlgorand (ALGO) $ 0.251564
  • usd1-wlfiUSD1 (USD1) $ 0.999375
  • arbitrumArbitrum (ARB) $ 0.410575
  • vechainVeChain (VET) $ 0.024349
  • gatechain-tokenGate (GT) $ 17.39
  • cosmosCosmos Hub (ATOM) $ 4.38
  • render-tokenRender (RENDER) $ 3.81
  • fasttokenFasttoken (FTN) $ 4.57
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.215457
  • worldcoin-wldWorldcoin (WLD) $ 1.06
  • official-trumpOfficial Trump (TRUMP) $ 9.23
  • binance-staked-solBinance Staked SOL (BNSOL) $ 187.25
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.085259
  • sei-networkSei (SEI) $ 0.311972
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.682897
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,276.31
  • story-2Story (IP) $ 5.89
  • quant-networkQuant (QNT) $ 118.05
  • spx6900SPX6900 (SPX) $ 1.82
  • flare-networksFlare (FLR) $ 0.024282
  • filecoinFilecoin (FIL) $ 2.47
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,948.62
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,990.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.095688
  • jupiter-exchange-solanaJupiter (JUP) $ 0.514444
  • usdtbUSDtb (USDTB) $ 1.00
  • kucoin-sharesKuCoin (KCS) $ 11.29
  • curve-dao-tokenCurve DAO (CRV) $ 1.04
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,945.01
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,018.46
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,060.11
  • usdt0USDT0 (USDT0) $ 1.00
  • injective-protocolInjective (INJ) $ 13.64
  • blockstackStacks (STX) $ 0.744913
  • nexoNEXO (NEXO) $ 1.32
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995725
  • celestiaCelestia (TIA) $ 1.75
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,953.10
  • optimismOptimism (OP) $ 0.699809
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999754
  • falcon-financeFalcon USD (USDF) $ 0.999243
  • conflux-tokenConflux (CFX) $ 0.211545
  • flokiFLOKI (FLOKI) $ 0.000112
  • fartcoinFartcoin (FARTCOIN) $ 1.05
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 197.92
  • wbnbWrapped BNB (WBNB) $ 787.87
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,929.00
  • immutable-xImmutable (IMX) $ 0.543281
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • sonic-3Sonic (S) $ 0.304330
  • the-graphThe Graph (GRT) $ 0.099067
  • pump-funPump.fun (PUMP) $ 0.002754
  • dogwifcoindogwifhat (WIF) $ 0.959812
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.76
  • saros-financeSaros (SAROS) $ 0.358242
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,910.00
  • clbtcclBTC (CLBTC) $ 120,697.00
  • pax-goldPAX Gold (PAXG) $ 3,293.87
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.85
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • kaiaKaia (KAIA) $ 0.156600
  • lido-daoLido DAO (LDO) $ 1.02
  • msolMarinade Staked SOL (MSOL) $ 230.58
  • tezosTezos (XTZ) $ 0.821843
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.32
  • paypal-usdPayPal USD (PYUSD) $ 0.999379
  • vaultaVaulta (A) $ 0.530296
  • theta-tokenTheta Network (THETA) $ 0.821484
  • tether-goldTether Gold (XAUT) $ 3,279.09
  • super-oethSuper OETH (SUPEROETH) $ 3,754.84
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,983.32
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,015.33
  • iotaIOTA (IOTA) $ 0.198458
  • raydiumRaydium (RAY) $ 2.89
  • jasmycoinJasmyCoin (JASMY) $ 0.015444
  • galaGALA (GALA) $ 0.016175
  • pendlePendle (PENDLE) $ 4.33
  • ousgOUSG (OUSG) $ 111.99
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • the-sandboxThe Sandbox (SAND) $ 0.283648
  • aerodrome-financeAerodrome Finance (AERO) $ 0.804201
  • pyth-networkPyth Network (PYTH) $ 0.119810
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998613
  • tbtctBTC (TBTC) $ 116,818.00
  • jito-governance-tokenJito (JTO) $ 1.82
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,755.33
  • zcashZcash (ZEC) $ 38.19
  • flowFlow (FLOW) $ 0.385243
  • heliumHelium (HNT) $ 3.20
  • newton-projectAB (AB) $ 0.008436
  • stader-ethxStader ETHx (ETHX) $ 3,995.74
  • usual-usdUsual USD (USD0) $ 0.997784
  • ripple-usdRipple USD (RLUSD) $ 0.999638
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,757.57
  • walrus-2Walrus (WAL) $ 0.416684
  • morphoMorpho (MORPHO) $ 1.78
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,717.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,051.00
  • usddUSDD (USDD) $ 0.999544
  • decentralandDecentraland (MANA) $ 0.292038
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.217506
  • memecoreMemeCore (M) $ 0.333523
  • beldexBeldex (BDX) $ 0.076602
  • bitcoin-svBitcoin SV (BSV) $ 27.41
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,142.72
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,752.58
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.054035
  • syrupMaple Finance (SYRUP) $ 0.446627
  • coredaoorgCore (CORE) $ 0.525944
  • chain-2Onyxcoin (XCN) $ 0.015209
  • build-onBUILDon (B) $ 0.515052
  • swethSwell Ethereum (SWETH) $ 4,117.61
  • true-usdTrueUSD (TUSD) $ 0.997220
  • thorchainTHORChain (RUNE) $ 1.37
  • apenftAPENFT (NFT) $ 0.00000049
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008122
  • ether-fiEther.fi (ETHFI) $ 1.13
  • arweaveArweave (AR) $ 7.24
  • telcoinTelcoin (TEL) $ 0.005141
  • apecoinApeCoin (APE) $ 0.591124
  • zebec-networkZebec Network (ZBCN) $ 0.005302
  • savings-daiSavings Dai (SDAI) $ 1.16
  • frax-etherFrax Ether (FRXETH) $ 3,748.52
  • neoNEO (NEO) $ 6.26
  • keetaKeeta (KTA) $ 1.09
  • dydx-chaindYdX (DYDX) $ 0.584337
  • starknetStarknet (STRK) $ 0.122033
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,754.87
  • compound-governance-tokenCompound (COMP) $ 46.52
  • aioz-networkAIOZ Network (AIOZ) $ 0.362704
  • wemix-tokenWEMIX (WEMIX) $ 0.943585
  • ecasheCash (XEC) $ 0.000021
  • dexeDeXe (DEXE) $ 7.45
  • elrond-erd-2MultiversX (EGLD) $ 14.88
  • rekt-4Rekt (REKT) $ 0.000001
  • kavaKava (KAVA) $ 0.385386
  • sun-tokenSun Token (SUN) $ 0.021791
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999804
  • wrapped-hypeWrapped HYPE (WHYPE) $ 41.98

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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