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


by Anisha Pandey
for CoinEdition

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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

In This News

Coins

$ 67.52K

-2.13%

$ 0.0116

+7.10%

$ 0.00...361

$ 3.19

-2.36%

$ 0.00164


Share:

In This News

Coins

$ 67.52K

-2.13%

$ 0.0116

+7.10%

$ 0.00...361

$ 3.19

-2.36%

$ 0.00164


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Read More

Bitcoin Price Prediction: BTC Open Interest Drops as Bears Hold Control

Bitcoin Price Prediction: BTC Open Interest Drops as Bears Hold Control

Bitcoin continues to trade under pressure after failing to hold gains near the $97,97...
Bitcoin Price Prediction: BTC Stabilizes Near $70K as Bernstein Maintains $150K Outlook

Bitcoin Price Prediction: BTC Stabilizes Near $70K as Bernstein Maintains $150K Outlook

Bitcoin price today trades near $68,811 after recovering from early session weakness ...

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


by Anisha Pandey
for CoinEdition

Share:

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

In This News

Coins

$ 67.52K

-2.13%

$ 0.0116

+7.10%

$ 0.00...361

$ 3.19

-2.36%

$ 0.00164


Share:

In This News

Coins

$ 67.52K

-2.13%

$ 0.0116

+7.10%

$ 0.00...361

$ 3.19

-2.36%

$ 0.00164


Share:

Read More

Bitcoin Price Prediction: BTC Open Interest Drops as Bears Hold Control

Bitcoin Price Prediction: BTC Open Interest Drops as Bears Hold Control

Bitcoin continues to trade under pressure after failing to hold gains near the $97,97...
Bitcoin Price Prediction: BTC Stabilizes Near $70K as Bernstein Maintains $150K Outlook

Bitcoin Price Prediction: BTC Stabilizes Near $70K as Bernstein Maintains $150K Outlook

Bitcoin price today trades near $68,811 after recovering from early session weakness ...