Bitcoin is set to “regain the spotlight” as its price growth catches up to U.S. equities, according to new analysis. In an Oct. 19 blog post, Caleb Franzen, creator of Cubic Analytics, highlighted the potential for a major Bitcoin breakout. “Highly effective” BTC price tool demands gains Bitcoin needs to bounce back to match the […]
1) Bitcoin climbs back, testing $69,000 Bitcoin made a strong comeback, closing the week at over $69,000, the highest since early June, according to TradingView. Traders now consider short-term outcomes like a pullback before more upward movement. CrypNuevo, a trader on X, pointed out a significant liquidation level at $69.3K, which could attract a price […]
The Bitcoin network has achieved a new record for its hashrate, underscoring the increasing strength and security of the world’s pioneering blockchain system. On October 21, the total computing power securing the Bitcoin blockchain — known as the network hashrate — surged to an unprecedented 769.8 exahashes per second (EH/s). Data from BitInfoCharts indicates that […]