Bitcoin bears risk getting trapped if BTC price remains above $50K — Here’s why
Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
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Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
Correlation does not imply causation, but these 3 indicators did signal prior to Bitcoin's recent push to $49,000.
Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s hashpower was below 90 exahash per second (EH/s) on July 5.…
Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash…
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show…
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown.