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Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high -Breaking

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© Reuters.

(BTCLast week () saw a new record for the hashrate, although opinions vary on whether or not this trend can be sustained.

In a Twitter (NYSE:) debate on March 21, Preston Pysh, host of The Investor‘s Podcast, Eyed changing behavior in Bitcoin‘s hash ribbons Metric for signs of a new hash rate “lull.”

Bitcoin hash ribbons in comparison to chart. Glassnode
Bitcoin difficulty chart with 7-day moving median. Source: Blockchain