Bitcoin has been making waves in the market recently, with its hashrate hitting a record high of 776 EH/s. This surge in hashrate comes as the price of Bitcoin continues to climb, inching closer to the $100K mark.
The hashrate of Bitcoin is a measure of the computational power being used to mine new Bitcoin blocks. As the hashrate increases, it signifies that more miners are actively participating in the network, making it more secure and decentralized.
The price of Bitcoin has also been on a steady rise, with experts predicting that it could reach $100K in the near future. This surge in price is attributed to various factors, including increased institutional interest, growing adoption, and limited supply.
Overall, the current market conditions for Bitcoin are looking very promising, with both the hashrate and price hitting new highs. Investors and enthusiasts are eagerly watching as Bitcoin continues to smash records and make its mark in the world of digital currencies.