Bitcoin price drew closer to $9000 May 30 as fundamentals data revealed the network was nearing new records for hash rate, daily transactions, and block size. Fundamentals Drive BTC Price Higher According to monitoring resource Blockchain.com, as of press time, Bitcoin’s hash rate had beaten off its bear market slump from 2018 to approach a new all-time high. On Wednesday, the overall hash rate reached just short of 58 million terahashes per second, a numberRead MoreThe post Bitcoin Hash Rate Nears All-Time High to Drive Price Higher appeared first on Bitcoinist.com.
