Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice

Bitcoin’s hashprice, representing the anticipated worth of 1 petahash per 2nd (PH/s) per time of hashing power, climbed to $95 per petahash connected June 8, marking the highest level since the halving. The summation derived from a emergence successful onchain fees. However, by the pursuing day, bitcoin fees had substantially decreased, causing the hashprice to […]