CandleFocus Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover
2024-12-25
Author: Content Editor
The price of Bitcoin has experienced significant fluctuations recently, causing a decline in the network's computing power. The hashrate dropped from 806 exahash per second (EH/s) to 771 EH/s on December 21. However, over the past three days, the hashrate has begun to recover, increasing by 11 EH/s. The price of Bitcoin reached an all-time high of $108,364 per coin on December 17 but fell to $92,118 per coin just three days later. This volatility has impacted mining revenue, with the estimated daily value of 1 petahash per second (PH/s) dropping from $65.10 to $55 per PH/s. Despite these fluctuations, the network's hashrate remains high at around 781.98 EH/s. As the next difficulty adjustment approaches, the Bitcoin network's response to these changes will be closely monitored by miners and investors.
Related News
Vottun and Arbitrum Unite to Advance Blockchain Scalability and Interoperability Latest Crypto News Before January 2025: Bitcoin, Floki, and New Regulations Chillguy (CHILLGUY) price slides amid speculations the meme may be plagiarized Top 10 Altcoins Under $1 to Invest in 2025 Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth AAVE Price Nears 3-Year Highs Amid Bullish Sentiment Bitcoin accumulator addresses acquire 225k BTC in December amid significant sell pressure Experienced Analyst Reveals: “For Bitcoin Price to Surpass $108,000…” Shardeum Releases Atomium 1.16.2 Update for Validators ARB Price Breakout Predicted with Targets Reaching $1.80 Hedera Hashgraph Breaks Out, Signals Strong Rally with Potential 50% Price Gain Is BlackRock Rebalancing? The Mystery Behind the $188M Bitcoin Exit Christmas gift as MOVE, BGB, ZEC lead altcoin gainers Breaking $98,000: Bitcoin’s Journey Toward New Highs Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst Bitcoin bulls are back: BTC derivatives data hints at rally to $105K SEC commissioners say agency may move away from enforcement actions Ethereum (ETH) Price Momentum Weakens Despite Whale Confidence BTC miners spend differently — here’s why Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund Orderly Network Collaborates with Stork Oracle to Improve Decentralized Trading How Will January Go in Cryptocurrencies? How is the Market Sentiment? Ripple Exec Takes Dig at SEC on Christmas Halo Joins Forces with Avitus to Redefine Perpetual Trading Massive $HYPE Buy! Whale Invests $12.22M for 428,867 $HYPE in 26 Hours Ethereum Surges Above $3,500 but Analysts Predict Bad Road Ahead How Much Did Famous Names’ Predictions for Bitcoin Price in 2024 Do? Here is a Compilation of Predictions GAIB Partners with OpenLedger: Transforming Data Utilization in AI & Compute The myth of ‘lost bitcoin’ in the age of quantum computing Ethereum whale dumps another $17m ETH MOVE Token Rallies 25% to Become Top Performing Altcoin — Here’s Why Binance Backs Bitcoin Payment Pilot Proposal in Thailand Dogecoin Price Breaks Out Of Symmetrical Triangle Pattern, Analyst Puts Target Above $0.37 Coffee goes onchain as Agridex settles first-ever transaction on Solana Bitcoin ends the year with gains, but mining stocks are deeply in the red Runes transaction share on the Bitcoin network drops to new lows Citi analysts predict make or break factors for crypto in 2025 Understanding XRP’s Historical Trends: What the 365-Day Cycle Suggests Understanding the BTC/USD Pair and Its Impact on Cryptocurrency Trading Price analysis 12/25: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON Bitcoin Is Forming A Symmetrical Triangle – Can BTC Reclaim $100K? Whales Show Suspicious Activity in This Altcoin: Fresh Whales Bought $34 Million in the Last Five Days Binance's 63rd Launchpool Project: What is Bio Protocol (BIO)? Ethereum's Buterin Weighs In on AGI Threats Analog Mainnet Goes Live for Multi-Chain Development CryptoQuant CEO says US could feasibly cut debt by embracing strategic Bitcoin reserve Shiba Inu (SHIB) Price Holds Steady With Whale Activity Stabilizing LayerEdge Partners with Mint Blockchain to Enhance Blockchain Security Crypto could see the ‘dawning of a new age’ in 2025 Crypto Whale Accumulates $14.72 Million Pengu Coins Amid Price Slump Nayib Bukele Prepares to Meet with Russian President Putin in the New Year! "Bitcoin (BTC) Will Be on the Agenda!" GG’s 2024 Game of the Year: Off the Grid SHIB Burns Rally by Almost 100%, Here's What's Happening Why Ethereum Price Could Reach Unseen Levels In 2025? Bitfinex: AI Agents Using Smart Contracts Will Revolutionize Crypto Altcoin season incoming? VanEck responds as Bitcoin stays under $100K Crypto developers can earn up to $1.5 million in 2025 with EGLD’s Growth Games grants Top Expert Predicts Solana Price To Hit $330 Amid Bullish Market Trends 5 times crypto appeared in pop culture in 2024 Hedera (HBAR) Price Aims for $12 Billion Market Cap as Momentum Builds Ripple will unlock 1 billion XRP on January 1 2025 – What to expect? Pump Science Tokenomics Design Is Now Completed Crypto OTC desks say trading volumes are ‘going gangbusters right now’ AVAX Price Eyes Rally As Avalanche Founder Draws Parallel To Bitcoin Solana (SOL) Price Rebound Can End Here, This Is Why Tech stocks see historic gains in 2024 thanks to crypto and AI Analyst Gives Good News to Investors! "Wait for January! Ethereum (ETH) May Start Altcoin Rally!" $69.8 Million in Ethereum (ETH) Leave Turkey's Top Exchange Amid Regulatory Boost Artificial Intelligence (AI) 2025 Predictions: Crypto Tokens And Narratives To Watch XRP Rally Pauses — Is Bitcoin Breakout Next? Sonic Gateway Is Now Live to Support Cross-chain Transfer Here are Cardano Addresses in Profit Despite Price Consolidation Analyst Reveals When Bitcoin Will Rise Again and His Price Prediction! Crypto’s Most Influential Year: Major Events of 2024 That Redefined the Industry From DMM Bitcoin to the US Government: Largest Crypto Exploits and Hacks of 2024 DeFi landscape ends 2024 with 2.5X growth, Ethereum (ETH) shrinks its dominance Michael Saylor Reacts to Bitcoin Xmas Rally: 'There Is No Second-Best Christmas Gift' AI has had its Cambrian moment — Blockchain’s is yet to come BRETT: Why a decline is likely before hitting a new all-time high in 2025 Ether ETFs surpass $2.5B as ETH positions for $3.5K breakout Strategic Bitcoin Reserves Are Now Being Actively Supported by US States Reversing the gender gap: Women who kicked ass in crypto in 2024 Smart contracts get smarter: How AI agents are changing the blockchain space Bitcoin (BTC) Price Prediction for December 25 XRP Price Prediction for December 25 Is it possible to travel the world using only stablecoins? AI picks 2 cryptocurrencies that will outperform others in Q1 2025 January’s crypto hotlist: Top 3 picks Bitcoin coils between key trend lines as $98K boosts 'Kimchi premium' What’s next for DeFi? Experts dive into 2024 trends and 2025 projections 1.14 Trillion PEPE in 24 Hours, What's Happening? XRP Ledger Surpasses 93 Million Ledgers in Major Milestone XRP Rival XLM Price Could Be on Verge of Biggest Crash Since 2021 If Bollinger Bands Pattern Is Validated Shiba Inu Rockets 7% in Holiday Market Surge, What's Next? XRP Price Consolidates After Recent Decline as Whales Wait Next Movements Shiba Inu Price Eyes Rally As Shytoshi Kusama Hints At ‘More TREATS’ For SHIB Why These Altcoins Are Trending Today — December 25 20 Million RLUSD Rapidly Moved, Flowing into Market Coinbase Dumps Failed Tactics – Crypto Millions Now Flow to Policy Gamechangers Ethereum (ETH) to $12,000? Head and Shoulders Pattern Target 3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves Ethereum Price Prediction: Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000 Ripple's RLUSD Jumps $3 Million With Fresh Minting Tether Blacklists Address Linked to Roost Coin Amid Possible Connection to $22M NFT Fraud These U.S. politicians made the most from crypto in 2024 Ethereum's Vitalik Buterin Reveals How AI Can Go Mainstream Bitcoin’s Dying Momentum Needs a Christmas Miracle to Reclaim $100,000 BlackRock Bitcoin ETF Outflows Hit $188.7M: Is BTC’s Dominance at Risk? Shiba Inu Position in Danger As SUI Hits $13.4B Market Cap in Push to Overtake Shib Russia Taps Bitcoin & Crypto For Foreign Trade, Here’s Why MicroStrategy (MSTR) bears are in for a painful short squeeze next year $69 Million XRP Transfer Stuns Major US Exchange Coinbase on Christmas Bitcoin sees brief rebound to $99,000 on Christmas day Could Bitcoin Price Hit $250K in the Final Days of 2024? Pioneer Joins Forces with Don’t FOMO: A Game-Changing Partnership on Matchain What India’s Finance Ministry Thinks About DeFi and Its Risks Solana Eyes $200 Breakout: Is a Parabolic Run to $263 Imminent? Shiba Inu (SHIB) Activity Plummets by 30%: What's Happening? 2024 Is The Year Of Cryptocurrency Companies! Here Are The Best And Worst Performing Crypto Stocks Of 2024! What Will 2025 Hold for the Crypto Market? Expert Insights and Analysis Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Unmarshal Collaborates with Ispolink to Transform Web3 Innovation 4 altcoins to buy under $1 at the start of 2025 Floki on Course for Europe ETP as DAO Floats Proposal to Provide Early Liquidity South Korea's 102 Trillion Won Crypto Market Engages 30% of Population Montenegro court dismisses Terra’s Do Kwon extradition appeal: report New Regulations Regarding Cryptocurrency Exchanges Published! "15 Thousand TL Limit Has Arrived!" Aave and Lido Exceed $70B in Combined Net Deposits, Leading the DeFi Ecosystem Floki Officially Launches Educational Platform Metis Announce Partnership with NextMate AI to Advance AI-Led Prediction Market Dogecoin Whales on Move: 270 Million DOGE Shifted Within 96 Hours Dogecoin to $37: Top Analysts Issue Bold Timeline Crypto Markets Recover $100 Billion on Christmas Day as Bitcoin Taps $98K (Market Watch) Bitcoin Targets $100,000 on Christmas Day Spurred by Growing Whale Accumulation Everything Setting Up for Crypto Bull Market Top in 2025, Says Pantera Capital’s CEO – Here’s His Timeline Polygon News: POL Downward Spiral Continues – Is There Hope for a Price Turnaround Soon? Shibarium Celebrates Christmas With Epic Transaction Milestone TRX Analysis: Will Tron Break Out for a Massive 2025 Rally? Solana Founder Breaks Silence on All-Time High With Iconic 'Home Alone' Line Ripple Case: What Happens If Paul Atkins Dismisses the XRP Lawsuit? Analyst Says Shiba Inu Path to $0.000081 Will Continue Scam Sniffer: Malicious Google ad campaign redirects crypto users to fake Pudgy Penguins website Tron Founder Justin Sun's Large Transfer to HTX Exchange! Which Altcoin Did He Send? Here Are the Details ai16z market cap surpasses $1b as whales accumulate, new plugin integration boosts utility 3 Cryptocurrencies That Reached All-Time Highs Today — December 25 Bitcoin Price Analysis: Can Bulls Drive BTC Beyond $100K? LATAM crypto trends 2024: Brazil regulates stablecoins, Colombia ranks fifth in crypto adoption If you put $1,000 into inverse Cramer ETF at the start of 2024, here’s your return now DeFi Phishing Attack : How a Fake Zoom App Stole $1M VC fund USV took profit on its 2020 investment in Uniswap (UNI) We asked ChatGPT what will be the Bitcoin price in 2025; Here's what it said Economist Declares 'Santa Rally' on Bitcoin Here’s XRP Price if XRP Captures Just 1% of the Derivatives Market Estimated at $1 Quadrillion Bitcoin Price Nears $100K – Is a Crash Around the Corner? TON Rises, But Faces Possible Rejection At $5.85 Render Whale Nets $466,000 Profit after RNDR Price Recovery Crypto Price Trends: How XRP and SUI Could Shape 2025 Shiba Inu Lead Confirms Working Over the Christmas Holiday As Bitcoin (BTC) Approaches $100K Again, Analyst Gives Date for New Peak! Is a “New Year’s Rally” Coming for Bitcoin? Analyst Timothy Peterson Reveals Binance introduces USUAL as a new flexible lending asset The Canton Ticino is ready for the new tax reform on crypto. James Fickel Reduces ETH/BTC Position Amid Losses Bitcoin: a journey that has created new millionaires at an unparalleled speed FARTCOIN Soars with a 60% Price Rally Cardano Stalls Below $1 as Whale Activity Hits 6-Week Low Analysis of the crypto XRP, IOTA, and XLM One in three Koreans now own crypto, Bank of Korea says Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch Cardano Lace Wallet to be “a Powerhouse” in 2025, According to Hoskinson Turkiye Introduces Stringent Crypto Regulations to Combat Money Laundering HECO Network to Cease Operations a Year After $87M Hack Shiba Inu Finally Launches Early Access to Its Metaverse Matador Move to Bitcoin: What It Means for the Future Russia’s central bank to combat illegal crypto OTC services with new surveillance platform: report Polygon Reaches Its Lowest Price And Faces The $0.50 Hurdle Chinese Analytics Company Reveals: “Bitcoin’s Recent Decline…” Bitcoin Vs. Gold: The New Era Of Reserve Assets Google Bard and ChatGPT Predict Dogecoin Price if Bitcoin Hits $500,000 as Forecasted by Bloomberg DeFi Saver Integrates Public Allocator of Morpho Labs for Enhanced Liquidity Management Solana (SOL) Gearing Up: Is a New Surge on the Horizon? Giant Crypto Whale Had A Huge Airdrop Of This Altcoin: Instead of Selling It, He Bought More Pundit Says XRP Holders Need Just One Event to “Get Rich” Elon Musk Says SBF Presidential Pardon ‘Will Fetch a Huge Price’ VeChain Joins Forces with EVearn and Tesla for UFC311 Campaign in LA Union Square Ventures transfers Uniswap Tokens worth $8.45m to Coinbase Prime Japanese Analyst Announced: These Three Will Drive Bitcoin in 2025 How 270M Dogecoin Whale Buying Spree Hints at Near Price Bounce FARTCOIN Delivers Christmas Rally with 60% Price Increase — What Comes Next Ethereum Price Analysis: Is ETH Doomed to Slump to $3K After Getting Rejected at $4K? PENGU Flipping WIF? Solana Memecoin Market Heats Up South Korea Crypto Investments Surge: 30% of Population Now Owns Digital Assets Nearly $1.2 Billion Flows Out of Bitcoin ETFs in Three Days XRP Price Prediction For November 25 Ethereum faces resistance at $3.7K: ETH can break through IF… Bitcoin Price Predicted to Hit $250,000 by Tom Lee in 2025 Fireblocks Surpasses $3 Trillion in Transfers, with Stablecoins Accounting for Over 50% An end-of-year ETH ETF check-in Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover New York continues to lead on state crypto regulations Memecoins take top spot for crypto investor interest in 2024: CoinGecko Shiba Inu News: SHIB On-Chain Metrics Hints At Breakout Ahead Toncoin Market Performance Slips with Open Interest Falling to $141M Top Altcoins to Watch: XRP, SOL, HBAR, And More During ETF Buzz Ethereum Price Approaches Critical Resistance: A Turning Point? XRP Price Battles Key Hurdles: Can Bulls Prevail? BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join Soon Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom? Bitcoin Price Comeback: Can It Regain Ground? WELF Finance x Clearpool’s Ozean: $300M AUM Meets Blockchain for Next-Gen Private Banking Hyperliquid Faces $256M Outflows as HYPE Token Surges 10% Amid Concerns Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January Before the Christmas Hype Hits: 5 Meme Coins Worth Considering Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next? Whales Buy up XRP Amid RLUSD's Debut on Major Exchange Ethereum (ETH) Return to $4,000 Imminent Once It Clears This Resistance University of Floki launched TeraWulf leases 70 MW for AI, raises the cost of Bitcoin mining ZNS Connect Announces Its Launch on Sonic Labs Mainnet Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen Hacker breaches 15 X accounts, nets $500K boosting bogus memecoins: ZachXBT Analyst Forecast ‘Highly Bullish’ 2025 For Ethereum: Is The Bleeding Over? DeFi security sees a 40% drop in losses as CeFi faces a $694M surge in breaches XRP's Flag Pattern: What to Expect? Dogecoin (DOGE) Reaches Equilibrium, Bitcoin (BTC) Critical Support Level Reached Bitcoin (BTC) Fall Below $97,000 Could Open Doors for New Buyers, Data Suggests MV Global predicts significant expansion for DeSci sector via utility memecoins