Bitcoin Hashrate Hits New All-Time High as Price Pushes for $11,000
bitcoinschannel.com
The new milestone of 170 exahashes per second was noted by on-chain analytics provider Glassnode which added that it is a 40% increase since the halving in May. It also reports that the hashrate has increased by 63% since the same time last year.
The 50 and 200 weekly moving averages also remain at all-time highs, and the on-chain fundamentals such as hashrate continue to show signs of positivity. Ethereum has returned to $350 while Polkadot and Chainlink are making strong moves with over 8% gained on the day.
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