Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Cantor Fitzgerald Boosts Price Target for Bitmine Amid Ethereum Rally

Guavy AI Editorial Team
Instruments
ETH
Share

Cantor Fitzgerald has increased its price target for Bitmine Immersion Technologies (NYSE:BMNR) to $63.60 from $30.60, citing a potential bottoming of the crypto bear market by October.

This move comes as Ethereum (CRYPTO:ETH) trades higher, with prices up 7% over the past 24 hours to $2,606.20.

As a result, shares of Bitmine are climbing sharply in Friday morning trading, up 8% to $26.09.

Cantor Fitzgerald also raised targets on other crypto treasury names and argued that the current drawdown will likely have bottomed by October.

More on Crypto

Crypto just now

Blockchain Loans Test Aims to Streamline Farm Lending in India

Crypto just now

CIFR Stock Surges as Bitcoin Hits $79,000 Amid Inflation Data

Crypto 1m ago

WULF Soars 7.71% Amid AI Power Pivot Optimism

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy