Bitcoin’s network hashrate reached 1.046 zettahashes per second, marking a new record for security. This increase comes as 93.3% of the total 21 million BTC supply has been mined.
Mining difficulty surged by 6.81% to 121.51 trillion. Consequently, mining companies are experiencing a 50% year-over-year revenue drop, with March 2025 earnings down to around 1.2 billion USD.
Despite short-term volatility, technical indicators suggest bullish momentum for Bitcoin as it consolidates around 106,927 USD. Key resistance levels are noted, with potential price targets of 111,870 USD and beyond.
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