October 1, 2025
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Bitcoin Mines’ Market Cap Hit A Record in September: JPMORGAN

The Average Network Hashrate Rose 9% to an average of 1,031 EH/S Last MONT, accounting to the bank.”, – WRITE: www.coindesk.com

Bitcoin Mines’ Market Cap Hit A Record in September: JPMORGANThe Average Network Hashrate Rose 9% to an average of 1,031 EH/S Last MONT, accounting to the bank. Oct 1, 2025, 1:29 PM

The Total Market Cap of the Fourteen US-Lited Bitcoin BTC$ 117.248.44 Mines that Jpmorgan Tracks Exceeded $ 50 Billion for The First Time Last Month, The Wall Street Bank SAID IN A REPORT WEDNESDAY.

The Combined Market Cap of Tese Mining Stocks Rose 43% MONTH-ON-MONTH TO $ 56 Billion in September, The Bank Noted.

The Move Was Driven by a Number of AnnounCements, Including Cipher Mining’s (Cifr) HPC Colocation Deal with FluilsStack, and Iren’s (Iren) Expansion of SACE, CLUD SERVICES BUSINESS BUSINESS.

The Bitcoin Hashrate Also Rose. The MONTHLY AVERAGE NETWORK HASHRATE “INCREASED ~ 82 eh/s (+9%) m/m to an average of 1,031 eh/s in september,” Analysts Reginald Smith and Charles PEARCE Wrote.

The Hashrate Refers to the Total Combined Computational Power Used to Mine and Process Transactions on A Proof-of-Work Blockchain.

Mining Profitability Fel for the Second MONTH IN A ROW as the Hashrate Exceeded 1000 EH/S. The Bank’s Analysts Estimated that Mines “Earned An Average of $ 49.700 per eh/s in Daily Block Revenue Revenue in September, Down 10% from August.” Daily Block Reward Gross Profit Also Slumped 17% from The MONTH PRIOR.

Bitfarms (Bitf) OutPerForMed the Group with A 110% GAIN, While Cango (Cang) UnderPerForrated with An 11% Decline.

Twelve of the Fourteen Miners in the Bank’s COVERAGE OUTTORMED BITCOIN IN SEPTEMBER, The REPORT ADDEDED.

Read More: Cipher is the Latest Bitcoin Miner to pivot to ai; PRICE TARGET RAISED TO $ 16: Canaccord

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Total Crypto Trading Volume Hits Yearly High of $ 9.72T

Exchange Review AugustCombined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025

What to Know:

  • Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
  • Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
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PEPE MEME COIN JUMPS 6% AS Trading Volume Trips and Whale Activity Builds

Pepeusd (Coindesk Data)Pepe’s Price Is Now Supported Near $ 0.00000900, with Resistance AROUND $ 0.000009681, and Open Interest for Pepe Futures Has Risen to Near $ 600 Million.

What to Know:

  • Pepe’s Price Surged 6% In Less than 24 Hours to $ 0.000009627, with Trading Volumes Nearly Tripling To 5.61 Trillion Tokens, AS Traders Pilad in Dringing A Breakout Rally.
  • The Rally Was Part of a Broader Market Shift, with The Coindesk 20 (CD20) Index Rising 4.3% and the Memecoin Space Seeing a 5% GAIN, Driven in Part by Whle while Acccumulation.
  • Pepe’s Price Is Now Supported Near $ 0.00000900, with Resistance AROUND $ 0.000009681, and Open Interest for Pepe Futures Has Risen to Near $ 600 Million.

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