Bitcoin's global hashrate fell 5.8% in Q2 2026 to 1,004 EH/s as weak hashprice, lower BTC prices, and energy pressures squeezed miners.
Samson Mow claimed that a fast-tracked PQ upgrade for Bitcoin may cause more harm than good.
Bitcoin's price structure has continued to divide the market, with some saying the leading cryptocurrency has already peaked for this cycle, and others saying there is room for more rallies.
One analyst noted that a full resolution is needed for the current upward momentum to be translated into a long-term bull cycle.
The artificial intelligence industry just crossed an energy threshold that rewrites the rules for Bitcoin miners. Anthropic, the company behind the Claude model, announced on April 6 an agreement to secure 3.5 gigawatts of next-generation Google TPU compute capacity manufactured by Broadcom. The contract represents the largest infrastructure deployment in the company's history.
Bitcoin accumulation by long-term holders is signaling a market transition, with Binance data pointing to tightening supply conditions that could support the early stages of a new bull cycle. Key Takeaways: Binance shows BTC accumulation since Feb. 2026 as long-term holders steadily stack positions.
Bitcoin (BTC) surged Tuesday evening after President Donald Trump announced a temporary ceasefire with Iran, a move that sent the largest cryptocurrency higher and sparked a broader market repricing. Following Trump's announcement, Bitcoin jumped nearly 5% and traded around $72,174 at the time of writing.
Iran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war.
Bitcoin price briefly touched $70,000 on April 7 within a well-formed ascending channel on the 4H chart, as spot ETF inflows logged $471 million on April 6, the strongest single-day institutional demand figure since late February.
Bitcoin jumped above $72,000 after trading near $69,000 about an hour earlier as risk appetite came back fast. US stock futures ripped higher after Trump said he would pause Iran attacks for two weeks, easing fears around the five-week conflict.
The 30-day simple moving average of the global network hashrate has also declined, though an analyst says the slump is due to Bitcoin prices hurting mining profitability rather than conflict.
Bitcoin jumped past $71K late Monday after Trump signaled a two-week pause in Iran strikes, easing geopolitical fears and reviving risk appetite.