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Blockchain

Bitcoin Price Rises Above $104,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025



Bitcoin’s price experienced a modest increase of 1.30% on global exchanges Friday, reaching $104,010, defying broader market instability. Indian exchanges saw a slightly larger surge of nearly 2%, pushing the price to $104,770. This upward trend suggests continued interest in the leading cryptocurrency.

Adding to the positive sentiment, JPMorgan analysts have projected Bitcoin to potentially outperform gold in the latter half of 2025. This prediction highlights Bitcoin’s potential as a valuable asset and alternative investment option. Despite the current market fluctuations, Bitcoin demonstrates resilience and attracts optimistic forecasts from financial institutions. This blend of market activity and expert projections contributes to the ongoing narrative of Bitcoin’s evolving role in the global financial landscape.



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link