Skip to content

mining hashrate concerns

Bitcoin Rebounds to $106,000 Amid Middle East Tensions and Fed Rate Cut Expectations as Mining Hashrate Dips

Bitcoin surged to $106,000 after briefly falling below $98,500, fueled by escalating Middle East geopolitical strains and market anticipation of potential Federal Reserve interest rate reductions. Simultaneously, Bitcoin’s hashrate dropped by 8%—falling from 943.6 million TH/s to 865.1 million TH/s—prompting… Read More »Bitcoin Rebounds to $106,000 Amid Middle East Tensions and Fed Rate Cut Expectations as Mining Hashrate Dips