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Ethereum $3,043.58 -2.00%
BNB $891.40 +0.26%
Optimism $0.31 -1.95%
Arbitrum $0.21 -1.80%
Solana $132.98 -1.54%
Polygon $0.22 +2.77%
Cosmos $2.24 -0.59%
Avalanche $13.33 -2.46%

JPMorgan Chase updates ratings of listed Bitcoin mining companies: some are adjusted back to neutral, and target prices of stocks of several companies are lowered

JPMorgan Chase announced updates to the Bitcoin mining company ratings and stock price targets based on the fourth quarter performance report for 2024, including:

1. Upgraded the rating of IREN from Neutral to Buy, but lowered its target price from $15 to $12;

2. Downgraded the rating of Cipher Mining from Buy to Neutral, while withdrawing the $8 target price;

3. Reiterated Buy ratings for Riot Platforms and CleanSpark, and lowered their target prices to $13 and $12 respectively;

4. MARA Holdings (MARA) is rated Neutral, with the target price lowered from $23 to $18 for the company.

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JPMorgan Chase updates ratings of listed Bitcoin mining companies: some are adjusted back to neutral, and target prices of stocks of several companies are lowered

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BTC breaks $90,000

The US spot Bitcoin ETF saw a net inflow of $54.8 million yesterday.

The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.

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Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

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