Bitcoin hash rate booms as BTC breaks through $24k Quick Take
- Bitcoin breaks through $24,000 and has been up 24.6% since Friday morning.
- More miners are starting to come online, and over a 14-day period, see the second biggest adjustment over a 14DMA for over a year.
- The previous Bitcoin difficulty adjustment saw a 1% increase. However, the next difficulty adjustment is predicted to be between 5 and 15%.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Glassnode
Glassnode brings data intelligence to the blockchain and cryptocurrency space.
