#BTChashratePeak โ Why it's trending ๐
๐ฃ The Key Fact: According to Blockchain.com, the $BTC network hashrate has hit a new all-time high. This indicates that miners are expanding infrastructure and deploying new hardware, even as the spot price corrects by -3.32%.
๐ The Social Pulse: According to mining communities on X, this is a major bullish divergence. Users are arguing that miners have a long-time horizon and their continued investment signals confidence in a price recovery to $100k+.
๐ก Why it's trending: According to CoinDesk, fundamentals often lead price. This trend is popular today because it offers a reassuring data point to investors, countering the bearish sentiment caused by the "Japan Shock" price drop.
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โ ๏ธ Remember that each person makes their own investment decisions and this content does not represent financial advice.
