ChainCatcher reports that JPMorgan analysts have determined a long-term target price for Bitcoin of $266,000 based on volatility adjustments compared to gold. The severe winter storms in the United States and high-cost miners exiting the market are the main reasons for the decline in hash rate, but signs of hash rate rebound have now been observed.
Despite short-term fluctuations, JPMorgan team remains optimistic about the crypto market in 2026, expecting institutional investors to lead market growth.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy 再砸 12.8 億美元掃貨 17,994 枚比特幣！總持倉衝破 73.8 萬枚，BTC 突破 6.8 萬美元
Strategy於3月9日向SEC提交8-K申報，披露在3月2日至8日增持17,994枚比特幣，總金額約12.8億美元，平均價格70,946美元。至3月8日，總持倉達738,731枚，比特幣購入成本560億美元，均價75,862美元。此次增持主要資金來自MSTR股票與STRC優先股出售。此外，修訂了ATM銷售協議以增強融資靈活度。比特幣價格一度突破68,000美元。
動區BlockTempoJust Now
Bitcoin’s Next Big Move Brewing? Charts Show Market Locked in Tense Standoff
Bitcoin traded at $67,618 on March 9, 2026, with a market capitalization of $1.35 trillion and 24 hour trading volume of $44.47 billion. Price action remained contained within a $65,726 to $68,354 intraday range as technical indicators across multiple timeframes continued to signal a broadly
Coinpedia2m ago
Missouri Eliminates State Taxes on Bitcoin Capital Gains
Missouri will be the first U.S. state to eliminate state taxes on Bitcoin capital gains, effective January 1, 2025, fostering a pro-crypto environment and attracting investment. This landmark decision may spur competition among states to implement similar tax reliefs.
Coinfomania26m ago
Strategy Acquires 17,994 Bitcoin for $1.28 Billion
Gate News bot message, Strategy (previously MicroStrategy) has purchased 17,994 BTC for $1.28 billion at an average price of $70,946 per Bitcoin. The company now holds 738,731 BTC, acquired for a total of approximately $56.04 billion at an average price of $75,862 per Bitcoin.
GateNews44m ago
