Bitcoin hashrate hits new all-time high: Will BTC price follow?

Bitcoin hashrate hit a new all-time high of 924.98 EH/s on April 10, 2025, marking a consistent increase since April 2. This rise in hashrate coincides with heightened network activity as seen in the 12% increase in daily transactions and a 15% rise in new addresses.

The recent spike in Bitcoin’s hashrate and user engagement has sparked discussions among analysts regarding the potential for BTC price appreciation. With the ongoing economic uncertainty, the question remains whether BTC will follow suit and increase alongside this hashrate growth.

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