
Bitcoin's network security has reached a new milestone as its global hashrate hit an all-time high of 1,016 quintillion hashes per second as of May 31, 2025. Data from Hashrate Index indicated a 7-day simple moving average peak of 943 exahashes per second (EH/s), underscoring the network's increasing computational power. This surge in hashrate reflects growing confidence and investment in Bitcoin mining infrastructure. Market observers suggest that Bitcoin's price movement is likely to follow this upward trend in hashrate, with some predicting a breakout to approximately $11,000 in the near term. Parallel to Bitcoin's momentum, Ethereum (ETH) is also showing bullish signs, with analysts highlighting key resistance levels around $2,840 to $3,000. Many anticipate Ethereum could reach $10,000, driven by institutional adoption and favorable market conditions. Technical patterns such as a bull flag formation in the ETH/BTC pair and the need for ETH to break above the 20-week exponential moving average (EMA) are being closely watched to confirm the potential for a broader altseason. Overall, the cryptocurrency market is exhibiting strong bullish sentiment, with Bitcoin and Ethereum poised for substantial gains.
























Are you ready for the final Bitcoin move? https://t.co/HB1zypzqtp
THE FINAL #BITCOIN WAVE... (You're About To Be Rich) Watch NOW:👇 https://t.co/dL6qtY1ogS https://t.co/8xzLLu0e01
Proof That Bitcoin Could Pump To $11*.***** In The Next Days! [Be Ready] https://t.co/XehwgzQMW4