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Bitcoinist
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Bitcoin Hashrate Sets New All-Time High: Price To Follow?
- The 7-day average Bitcoin mining hashrate has reached a new all-time high (ATH), according to on-chain data.
- The mining hashrate reflects the sentiment among miners and indicates their interest in the Bitcoin network.
- The recent surge in the hashrate could be attributed to the bullish price action of Bitcoin.
- The Bitcoin price has faced a setback and retraced to $67,100 in recent days.
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