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Bitcoin Hashrate Hits Record High Amid Price Slide – Is BTC Undervalued?

According to a CryptoQuant Quicktake post published today, Bitcoin’s (BTC) hashrate and mining difficulty continue to reach new all-time highs (ATH), even as the price of the digital asset declines. The slump is largely attributed to growing global uncertainty surrounding escalating trade tariffs.

Bitcoin Hashrate Defies Price Decline
Spooked by US President Donald Trump’s sweeping 10% tariffs on all countries, risk-on assets like Bitcoin are facing renewed volatility. The flagship cryptocurrency has fallen by 6.3% over the past two weeks and is currently trading in the low $80,000 range at the time of writing.

Bitcoin Hashrate Hits Record High Amid Price Slide – Is BTC Undervalued?

According to a CryptoQuant Quicktake post published today, Bitcoin’s (BTC) hashrate and mining difficulty continue to reach new all-time highs (ATH), even as the price of the digital asset declines. The slump is largely attributed to growing global uncertainty surrounding escalating trade tariffs.

Bitcoin Hashrate Defies Price Decline
Spooked by US President Donald Trump’s sweeping 10% tariffs on all countries, risk-on assets like Bitcoin are facing renewed volatility. The flagship cryptocurrency has fallen by 6.3% over the past two weeks and is currently trading in the low $80,000 range at the time of writing.

https://bitcoinist.com/bitcoin-hashrate-hits-record-high-amid-price-slide-is-btc-undervalued/