Bitcoin miners and other public crypts are beaten in the market: JP Morgan
Public trade crypts were dominated in January, alone on the crupto market on the market in terms of market growth.
Among public cropto cripps sent by JP Morgan – which includes coinbase and Bitcoin Miners like marathon and riots in the total group of groups in January expanded 14%, pushing the total evaluation of the Wall Street Firms to 108 billion dollars.
The Market itself ended January with a market cap of about $ 3.2 trump, because President Donald Trump took a white house after Tuesday reported on Tuesday, the report on Tuesday wrote that it was On Tuesday, he wrote that President Donald Trump took over that President Donald Trump took over that President Donald Trump was.
Nevertheless, the market cap for publicly commercial crypts has grown almost twice as long as it is in the overall crypto market because the regulatory environment under Trump began to form, analysts were observed.
Former Garler SEC Shoed Garler filingThe controversial crypto accounting rule for banks was fast quashedand acting chairman SEC Mark Uyeda presented new CRIPTO WORKING GROUP– Wage trustee of SEC Hester Peirce, an industry lawyer, on the Helma of the deletion initiative.
The price of Bitcoin has grown by 9% $ 102,300 By January, but the Coinbase Market Cap spread 17%, although the volume of trading decreased 17% of the previous month.
SEC readiness to work with cryptian firms can benefit for coinbass, which sec sued Via alleged violations for registration 2023. years, but the performance of public trade crypting firms can largely occur by specifically guessing about artificial intelligence, according to JP Morgan Analytic Charles Pearceu.
Ryot’s market cap expanded 20% in January, atpacing other firms, as well as miner begin Assessment How additional power capacity in its Texas can be used in AI and high-performance computer (HPC) settings (HPC).
“Part of the story for Bitcoin Miners became their ability to move on to HPC data centers,” Pearce said Decipher. “Some supplies caught an offer from thesis, which will be separated from the way the crypto market in aggregate moves.”
Miners like Bitdeer started Research AI after the so-called bitcoin halve Last year, a four-year event that reduced miner prizes earn from validation transactions. To be specific, the Bitcoin Rewards BLOCK was dropped at 3,125 Bitcoin of 6.25 Bitcoin – although increased scarcity helped significantly increase the price of each coin in months.
Bernstein Property Manager overturn At that time, mining companies could produce even a third of their future value of companies from AI vertical, expecting that miners will turn around fifths of their power supply facility according to 2027. Years.
Since the clutter presented his potential ai push, in a, said Riot’s Executive Chairman Benjamin II announcement In order for a move to provide cliams with sustainable income for years to come.
He said, “While we continue to believe in a significantly wrong mining surgery Bitcoin, we recognized the value of long-term, predictable cash flows from a well-capitalized AI / HPC counterparty.”
Edited Andrew Haiward
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2025-02-11 23:31:00