BlockBeats News, February 13th, a JPMorgan Chase analyst stated that based on volatility-adjusted comparisons with gold, the long-term price target for Bitcoin is $266,000. The U.S. winter storm and the exit of high-cost miners from the market were the main reasons for the drop in hash rate, but signs of a hash rate rebound have now been observed. Despite short-term volatility, the JPMorgan team remains optimistic about the crypto market in 2026, expecting institutional investors to drive market growth.
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