Quantum Economics analyst Jason Deane tweeted that Bitcoin's hash rate hit 179.19 EH/s this morning, setting a new all-time high in the ongoing uptrend. On-chain analyst Willy Woo shared recent exchange BTC outflow data and said that Bitcoin prices may soon rise. Data shows that in just one hour this morning, about 11,754 bitcoins worth $438 million were transferred from exchanges, indicating that corporate interest in Bitcoin is rising, driven by MicroStrategy and Michael Saylor. The data also shows that the movement was caused by long-term investors increasing their long-unsold positions. |
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