• bitcoinBitcoin (BTC) $ 97,332.00
  • ethereumEthereum (ETH) $ 3,211.83
  • tetherTether (USDT) $ 0.999606
  • xrpXRP (XRP) $ 2.31
  • bnbBNB (BNB) $ 921.64
  • usd-coinUSDC (USDC) $ 0.999799
  • staked-etherLido Staked Ether (STETH) $ 3,210.60
  • tronTRON (TRX) $ 0.291274
  • dogecoinDogecoin (DOGE) $ 0.164793
  • cardanoCardano (ADA) $ 0.522430
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • wrapped-stethWrapped stETH (WSTETH) $ 3,901.39
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,970.00
  • whitebitWhiteBIT Coin (WBT) $ 53.18
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,475.29
  • hyperliquidHyperliquid (HYPE) $ 37.53
  • chainlinkChainlink (LINK) $ 14.44
  • bitcoin-cashBitcoin Cash (BCH) $ 499.47
  • usdsUSDS (USDS) $ 1.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999863
  • stellarStellar (XLM) $ 0.268904
  • leo-tokenLEO Token (LEO) $ 9.20
  • wethWETH (WETH) $ 3,209.70
  • wrapped-eethWrapped eETH (WEETH) $ 3,462.54
  • zcashZcash (ZEC) $ 501.76
  • ethena-usdeEthena USDe (USDE) $ 0.999194
  • litecoinLitecoin (LTC) $ 97.36
  • moneroMonero (XMR) $ 391.99
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,345.00
  • hedera-hashgraphHedera (HBAR) $ 0.162137
  • avalanche-2Avalanche (AVAX) $ 15.95
  • suiSui (SUI) $ 1.84
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  • the-open-networkToncoin (TON) $ 1.95
  • uniswapUniswap (UNI) $ 7.55
  • polkadotPolkadot (DOT) $ 2.89
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • daiDai (DAI) $ 0.999208
  • crypto-com-chainCronos (CRO) $ 0.118279
  • usdt0USDT0 (USDT0) $ 0.999848
  • memecoreMemeCore (M) $ 2.38
  • mantleMantle (MNT) $ 1.23
  • canton-networkCanton (CC) $ 0.113272
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.142842
  • susdssUSDS (SUSDS) $ 1.07
  • paypal-usdPayPal USD (PYUSD) $ 0.999942
  • internet-computerInternet Computer (ICP) $ 6.08
  • bittensorBittensor (TAO) $ 335.30
  • nearNEAR Protocol (NEAR) $ 2.41
  • usd1-wlfiUSD1 (USD1) $ 0.998890
  • aaveAave (AAVE) $ 187.03
  • bitget-tokenBitget Token (BGB) $ 3.88
  • c1usdCurrency One USD (C1USD) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • okbOKB (OKB) $ 114.85
  • ethereum-classicEthereum Classic (ETC) $ 15.07
  • pepePepe (PEPE) $ 0.000005
  • pump-funPump.fun (PUMP) $ 0.003695
  • ethenaEthena (ENA) $ 0.291982
  • tether-goldTether Gold (XAUT) $ 4,139.00
  • aptosAptos (APT) $ 2.94
  • aster-2Aster (ASTER) $ 1.05
  • falcon-financeFalcon USD (USDF) $ 0.998271
  • jito-staked-solJito Staked SOL (JITOSOL) $ 177.27
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.78
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,201.59
  • ondo-financeOndo (ONDO) $ 0.604550
  • solanaSolana (SOL) $ 142.95
  • pi-networkPi Network (PI) $ 0.216947
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.165350
  • worldcoin-wldWorldcoin (WLD) $ 0.739896
  • htx-daoHTX DAO (HTX) $ 0.000002
  • kucoin-sharesKuCoin (KCS) $ 12.51
  • hash-2Provenance Blockchain (HASH) $ 0.030026
  • usdtbUSDtb (USDTB) $ 1.00
  • filecoinFilecoin (FIL) $ 2.11
  • algorandAlgorand (ALGO) $ 0.165590
  • official-trumpOfficial Trump (TRUMP) $ 7.18
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,681.13
  • pax-goldPAX Gold (PAXG) $ 4,156.44
  • cosmosCosmos Hub (ATOM) $ 2.90
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  • arbitrumArbitrum (ARB) $ 0.244518
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • bfusdBFUSD (BFUSD) $ 0.999403
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.33
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998475
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  • kaspaKaspa (KAS) $ 0.046822
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.18
  • wbnbWrapped BNB (WBNB) $ 921.92
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • ignition-fbtcFunction FBTC (FBTC) $ 97,455.00
  • render-tokenRender (RENDER) $ 2.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,383.83
  • flare-networksFlare (FLR) $ 0.014292
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,283.00
  • global-dollarGlobal Dollar (USDG) $ 0.999834
  • story-2Story (IP) $ 3.33
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,442.16
  • ripple-usdRipple USD (RLUSD) $ 1.00
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  • nexoNEXO (NEXO) $ 1.04
  • sei-networkSei (SEI) $ 0.165940
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995456
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 96,884.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,408.13
  • xdce-crowd-saleXDC Network (XDC) $ 0.054480
  • jupiter-exchange-solanaJupiter (JUP) $ 0.299007
  • bonkBonk (BONK) $ 0.000011
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.013379
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,469.46
  • dashDash (DASH) $ 64.99
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.38
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.89
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.22
  • aerodrome-financeAerodrome Finance (AERO) $ 0.871709
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,294.00
  • ousgOUSG (OUSG) $ 113.28
  • immutable-xImmutable (IMX) $ 0.392477
  • rainRain (RAIN) $ 0.003235
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.01
  • clbtcclBTC (CLBTC) $ 99,383.00
  • fasttokenFasttoken (FTN) $ 1.75
  • celestiaCelestia (TIA) $ 0.896645
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.284923
  • optimismOptimism (OP) $ 0.389276
  • injective-protocolInjective (INJ) $ 7.14
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,511.21
  • lido-daoLido DAO (LDO) $ 0.770109
  • blockstackStacks (STX) $ 0.376297
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 164.04
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,284.93
  • starknetStarknet (STRK) $ 0.143230
  • newton-projectAB (AB) $ 0.007437
  • curve-dao-tokenCurve DAO (CRV) $ 0.449240
  • the-graphThe Graph (GRT) $ 0.059697
  • beldexBeldex (BDX) $ 0.082757
  • tezosTezos (XTZ) $ 0.567615
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999895
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,211.04
  • tbtctBTC (TBTC) $ 97,201.00
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999785
  • usdaiUSDai (USDAI) $ 1.00
  • soon-2SOON (SOON) $ 2.03
  • iotaIOTA (IOTA) $ 0.134189
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,208.91
  • ether-fiEther.fi (ETHFI) $ 0.972264
  • usual-usdUsual USD (USD0) $ 0.998065
  • pyth-networkPyth Network (PYTH) $ 0.094927
  • flokiFLOKI (FLOKI) $ 0.000056
  • doublezeroDoubleZero (2Z) $ 0.156907
  • syrupMaple Finance (SYRUP) $ 0.472915
  • spx6900SPX6900 (SPX) $ 0.570686
  • decredDecred (DCR) $ 30.88
  • msolMarinade Staked SOL (MSOL) $ 191.04
  • kaiaKaia (KAIA) $ 0.089472
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  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.33
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,396.86
  • gtethGTETH (GTETH) $ 3,211.55
  • stader-ethxStader ETHx (ETHX) $ 3,440.35
  • true-usdTrueUSD (TUSD) $ 0.995478
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  • the-sandboxThe Sandbox (SAND) $ 0.186537
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.16
  • conflux-tokenConflux (CFX) $ 0.089330
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • bitcoin-svBitcoin SV (BSV) $ 22.77
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  • heliumHelium (HNT) $ 2.42
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,202.70
  • bittorrentBitTorrent (BTT) $ 0.00000045
  • dogwifcoindogwifhat (WIF) $ 0.438926
  • ghoGHO (GHO) $ 1.00
  • myx-financeMYX Finance (MYX) $ 2.29
  • jasmycoinJasmyCoin (JASMY) $ 0.008875
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,526.14
  • galaGALA (GALA) $ 0.009234
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  • vaultaVaulta (A) $ 0.250861
  • wrapped-hypeWrapped HYPE (WHYPE) $ 36.75
  • apenftAINFT (NFT) $ 0.00000040

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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