Yesterday, March 5, the largest cryptocurrency was able to break the resistance at the level of $9000 and at the moment ofPublishingIn this review, bitcoin has risen in price to $ 9076.
Ascent of the coin began on the night of Thursday, but now there is a more active strengthening of its position. Over the past 12 hours, BTC has risen in price from $ 8739 to $ 9138, followed by a slight correction.
Consolidation ended near $ 8900, after which support increased, which allowed the cryptocurrency to overcome the key barrier of $ 9000. The next barrier is expected at $ 9320.
</p>In parallel, observers recorded anothersurge in activity of bitcoin miners. The hashrate of the BTC network has reached a new historic high. According to Coin Dance, on Thursday, the bitcoin hash exceeded 150 examinations per second (EH / s).
At the beginning of this week, computing power wasBTC ecosystem grew even against the backdrop of a decline in the value of the first cryptocurrency. Today we are seeing a trend where the increased activity of miners and investors coincides.
Experts identify two factors of coin growth:
- Firstly, the trend towards the strengthening of bitcoin began to dominate after the ban on crypto trading was canceled in India.
- Secondly, today some Asian media report that the South Korean authorities have decided to legalize the trade in digital assets.
</p>Bitcoin hash rate hits an all-time high at 150 quintillion h / s!
The beast continues to get stronger…. pic.twitter.com/gEUgRYVcvw
- Mia Tam (@blockandchain) March 5, 2020
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