Currencies36170
Market Cap$ 3.32T+0.84%
24h Spot Volume$ 64.71B+0.85%
DominanceBTC55.44%+0.48%ETH11.76%-1.76%
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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

$ 92.18K

+1.35%

$ 0.0151

+0.18%

$ 0.00...361

$ 7.06

+1.01%

$ 0.00164


Share:

In This News

Coins

$ 92.18K

+1.35%

$ 0.0151

+0.18%

$ 0.00...361

$ 7.06

+1.01%

$ 0.00164


Share:

Read More

Bitcoin Price Prediction: BTC Holds Near $90,000 as Market Awaits Direction After Fed Decision

Bitcoin Price Prediction: BTC Holds Near $90,000 as Market Awaits Direction After Fed Decision

Bitcoin traded near $90,050 as trading conditions stayed fragile after the recent Fed...
Why is Cryptocurrency Market Down Today (DEC 11)?

Why is Cryptocurrency Market Down Today (DEC 11)?

The cryptocurrency market has dropped over the past 24 hours, extending its monthly l...

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

$ 92.18K

+1.35%

$ 0.0151

+0.18%

$ 0.00...361

$ 7.06

+1.01%

$ 0.00164


Share:

In This News

Coins

$ 92.18K

+1.35%

$ 0.0151

+0.18%

$ 0.00...361

$ 7.06

+1.01%

$ 0.00164


Share:

Read More

Bitcoin Price Prediction: BTC Holds Near $90,000 as Market Awaits Direction After Fed Decision

Bitcoin Price Prediction: BTC Holds Near $90,000 as Market Awaits Direction After Fed Decision

Bitcoin traded near $90,050 as trading conditions stayed fragile after the recent Fed...
Why is Cryptocurrency Market Down Today (DEC 11)?

Why is Cryptocurrency Market Down Today (DEC 11)?

The cryptocurrency market has dropped over the past 24 hours, extending its monthly l...