As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the network’s computational muscle has paradoxically swelled to a historic peak. Bitcoin Hashrate Hits Historic High Amid Price Plunge This stretch has proven arduous for bitcoin miners, with […]
Source link
Options Bets Turn Defensive Ahead of a Bitcoin Price Showdown
Key TakeawaysCoinglass metrics show bitcoin futures open interest at $54.82B, with Binance holding $11.24B.Deribit options hold 288,409.93 BTC in calls,...













