Bitcoin Tries To Find Footing; JPMorgan Upgrades These 2 Miners, Cuts Targets For Others
Investors·2025-11-24 13:44

Group 1 - Bitcoin's price peaked at just above $88,000 over the weekend, rebounding from around $80,000 earlier on Friday, but showed signs of stalling by Monday [1] - JPMorgan updated its views on several bitcoin miners, including upgrades for Cipher Mining (CIFR) and CleanSpark (CLSK) [1] - Bitcoin's recent performance has been affected by liquidations and ETF outflows, contributing to a worsening crypto retreat [2] Group 2 - Bitcoin miners are expanding their operations, with Cipher Mining increasing its high-performance computing (HPC) and AI deal with Fluidstack and Google [4] - The stock market rally remains uneven, but Nvidia's earnings have boosted optimism in the tech sector [4] - Cipher Mining's composite rating has climbed to 98, indicating strong performance in the market [4]