Currencies35233
Market Cap$ 4.39T+1.06%
24h Spot Volume$ 96.48B+0.79%
DominanceBTC54.70%-0.15%ETH12.35%+1.03%
ETH Gas0.31 Gwei
Cryptorank

Bitcoin Hashrate Hits Record 1.2 ZH/s, BTC Eyes $114K Breakout


by Anisha Pandey
for CoinEdition
Bitcoin hashrate hits record 1.2 ZH/s as BTC price targets $114K breakout
  • Bitcoin hashrate hit a new ATH of 1.2 ZH/s, showcasing industrial-scale mining growth.
  • Negative funding rates and SOPR ratio suggest short-term capitulation and long-term conviction.
  • BTC broke out of a descending wedge with bullish RSI, CMF, and volatility signals.

Bitcoin has just reached another historic milestone, with its hashrate climbing to a new all-time high of 1.2 zetahashes per second (ZH/s) before settling near 1.039 ZH/s. 

This major record shows the growing industrial scale of Bitcoin mining and sets the stage for what could be a critical period for BTC’s price action.

Hashrate Surge Highlights Mining Industry Evolution

Hashrate is more than a measure of network security, it reflects the enormous infrastr…

Read The Full Article Bitcoin Hashrate Hits Record 1.2 ZH/s, BTC Eyes $114K Breakout On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin price is back above $120,000, and the market has clean data to read instead o...
Crypto Markets Today: BTC Pressures $120K as Traders Brace for Potential Short Squeeze

Crypto Markets Today: BTC Pressures $120K as Traders Brace for Potential Short Squeeze

Bitcoin’s battle with $120,000 could set the stage for fresh record highs, as derivat...

Bitcoin Hashrate Hits Record 1.2 ZH/s, BTC Eyes $114K Breakout


by Anisha Pandey
for CoinEdition
Bitcoin hashrate hits record 1.2 ZH/s as BTC price targets $114K breakout
  • Bitcoin hashrate hit a new ATH of 1.2 ZH/s, showcasing industrial-scale mining growth.
  • Negative funding rates and SOPR ratio suggest short-term capitulation and long-term conviction.
  • BTC broke out of a descending wedge with bullish RSI, CMF, and volatility signals.

Bitcoin has just reached another historic milestone, with its hashrate climbing to a new all-time high of 1.2 zetahashes per second (ZH/s) before settling near 1.039 ZH/s. 

This major record shows the growing industrial scale of Bitcoin mining and sets the stage for what could be a critical period for BTC’s price action.

Hashrate Surge Highlights Mining Industry Evolution

Hashrate is more than a measure of network security, it reflects the enormous infrastr…

Read The Full Article Bitcoin Hashrate Hits Record 1.2 ZH/s, BTC Eyes $114K Breakout On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin price is back above $120,000, and the market has clean data to read instead o...
Crypto Markets Today: BTC Pressures $120K as Traders Brace for Potential Short Squeeze

Crypto Markets Today: BTC Pressures $120K as Traders Brace for Potential Short Squeeze

Bitcoin’s battle with $120,000 could set the stage for fresh record highs, as derivat...