{"id":638949,"date":"2024-08-31T14:30:50","date_gmt":"2024-08-31T14:30:50","guid":{"rendered":"https:\/\/ktsl888.com\/?p=638949"},"modified":"2024-08-31T10:57:22","modified_gmt":"2024-08-31T10:57:22","slug":"bitcoin-hash-price-hit-low","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","title":{"rendered":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?"},"content":{"rendered":"

The price of Bitcoin failed to capitalize<\/a> on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the past day.<\/span><\/p>\n

Interestingly, the Bitcoin price appears to be nearing a bottom and gearing for a rebound, according to the latest on-chain data.\u00a0<\/span><\/p>\n

Is Bitcoin Price Resuming Its Bull Run?<\/b><\/h2>\n

A pseudonymous analyst on CryptoQuant\u2019s Quicktake platform has revealed<\/a> a \u201cbuying opportunity\u201d for Bitcoin, the largest cryptocurrency in the market. This analysis is based on the changes in the Bitcoin hash price in the last few weeks and its potential implications on the BTC price.<\/span><\/p>\n

Related Reading: Bitcoin\u2019s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In<\/a><\/div>\n

The hash price measures the daily revenue generated by BTC miners per terahash per second (TH\/s). This metric is calculated by dividing the total daily revenue of miners by the network hash rate. The hash price basically estimates miners\u2019 profit based on the computational power they contribute to the network.<\/span><\/p>\n

\"Bitcoin\"
Chart showing BTC price and hash price | Source: CryptoQuant<\/a><\/figcaption><\/figure>\n

The chart above demonstrates the relationship between the Bitcoin price and the hash price. \u201cThe highlighted sections in the chart (blue boxes) indicate periods where the Hash Price dropped to lower levels, corresponding to times when Bitcoin prices were also at or near their lowest points,\u201d the analyst said about the chart.<\/span><\/p>\n

As of this writing, the Bitcoin hash price stands way below $0.1, the lowest level since 2023. Historically, periods of extremely low hash prices have coincided with Bitcoin price bottoms, with a price rebound often coming after. With the current hash price at an all-time low, it appears that Bitcoin\u2019s price might be bottoming out and preparing for a comeback<\/a>.<\/span><\/p>\n

BTC Market Back In Bear Phase?<\/b><\/h2>\n

In a new post on X, CryptoQuant\u2019s head of research Julio Moreno revealed<\/a> that the Bitcoin market cycle indicator is back in the bear phase. As shown in the chart below, this indicator has been swinging from the bull to the bear phase in the past few weeks, mirroring the current inconsistencies in the market.<\/span><\/p>\n

\"Bitcoin\"
The Bitcoin bull-bear market cycle indicator | Source: jjcmoreno\/X<\/a><\/figcaption><\/figure>\n

Moreno also sounded a warning about the recent slump in BTC\u2018s value<\/a> to below the $60,000 mark. According to the expert, if the price breaks $56,000 to the downside, the potential for an even more significant correction increases.<\/span><\/p>\n

Related Reading: How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In<\/a><\/div>\n
\"Bitcoin\"
The price of BTC thickens around the $60,000 zone in the daily timeframe | Source: BTCUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from TradingView<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the past day. Interestingly, the Bitcoin price appears to be nearing a bottom and gearing for a rebound, according to the latest on-chain data.\u00a0 Is Bitcoin Price Resuming Its Bull Run? A pseudonymous analyst on CryptoQuant\u2019s Quicktake platform has revealed a \u201cbuying opportunity\u201d for Bitcoin, the largest cryptocurrency in the market. This analysis is based on the changes in the Bitcoin hash price in the last few weeks and its potential implications on the BTC price. Related Reading: Bitcoin\u2019s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In The hash price measures the daily revenue generated by BTC miners per terahash per second (TH\/s). This metric is calculated by dividing the total daily revenue of miners by the network hash rate. The hash price basically estimates miners\u2019 profit based on the computational power they contribute to the network. The chart above demonstrates the relationship between the Bitcoin price and the hash price. \u201cThe highlighted sections in the chart (blue boxes) indicate periods where the Hash Price dropped to lower levels, corresponding to times when Bitcoin prices were also at or near their lowest points,\u201d the analyst said about the chart. As of this writing, the Bitcoin hash price stands way below $0.1, the lowest level since 2023. Historically, periods of extremely low hash prices have coincided with Bitcoin price bottoms, with a price rebound often coming after. With the current hash price at an all-time low, it appears that Bitcoin\u2019s price might be bottoming out and preparing for a comeback. BTC Market Back In Bear Phase? In a new post on X, CryptoQuant\u2019s head of research Julio Moreno revealed that the Bitcoin market cycle indicator is back in the bear phase. As shown in the chart below, this indicator has been swinging from the bull to the bear phase in the past few weeks, mirroring the current inconsistencies in the market. Moreno also sounded a warning about the recent slump in BTC\u2018s value to below the $60,000 mark. According to the expert, if the price breaks $56,000 to the downside, the potential for an even more significant correction increases. Related Reading: How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In Featured image from iStock, chart from TradingView<\/p>\n","protected":false},"author":590,"featured_media":638950,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[428,679,1119,78790,83531,92989],"class_list":["post-638949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusdt","tag-cryptoquant","tag-julio-moreno"],"acf":[],"yoast_head":"\nBitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?<\/title>\n<meta name=\"description\" content=\"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?\" \/>\n<meta property=\"og:description\" content=\"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-31T14:30:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-31T10:57:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"836\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Opeyemi Sule\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/fwOpeyemi\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Opeyemi Sule\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\"},\"author\":{\"name\":\"Opeyemi Sule\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\"},\"headline\":\"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?\",\"datePublished\":\"2024-08-31T14:30:50+00:00\",\"dateModified\":\"2024-08-31T10:57:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\"},\"wordCount\":482,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836\",\"keywords\":[\"bitcoin\",\"bitcoin price\",\"btc\",\"BTCUSDT\",\"cryptoquant\",\"julio moreno\"],\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\",\"name\":\"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836\",\"datePublished\":\"2024-08-31T14:30:50+00:00\",\"dateModified\":\"2024-08-31T10:57:22+00:00\",\"description\":\"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836\",\"width\":1254,\"height\":836,\"caption\":\"E-commerce concept with big glowing bitcoin circuit at business statistic graphs background. 3D Rendering\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\",\"name\":\"Opeyemi Sule\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"caption\":\"Opeyemi Sule\"},\"description\":\"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227\",\"https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi\"],\"url\":\"https:\/\/ktsl888.com\/author\/oluwatosino\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?","description":"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?","og_description":"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-08-31T14:30:50+00:00","article_modified_time":"2024-08-31T10:57:22+00:00","og_image":[{"width":1254,"height":836,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","type":"image\/jpeg"}],"author":"Opeyemi Sule","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/fwOpeyemi","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Opeyemi Sule","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/"},"author":{"name":"Opeyemi Sule","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8"},"headline":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?","datePublished":"2024-08-31T14:30:50+00:00","dateModified":"2024-08-31T10:57:22+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/"},"wordCount":482,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","keywords":["bitcoin","bitcoin price","btc","BTCUSDT","cryptoquant","julio moreno"],"articleSection":["Bitcoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","url":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","name":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","datePublished":"2024-08-31T14:30:50+00:00","dateModified":"2024-08-31T10:57:22+00:00","description":"The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","width":1254,"height":836,"caption":"E-commerce concept with big glowing bitcoin circuit at business statistic graphs background. 3D Rendering"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8","name":"Opeyemi Sule","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","caption":"Opeyemi Sule"},"description":"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.","sameAs":["https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227","https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi"],"url":"https:\/\/ktsl888.com\/author\/oluwatosino\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Hash Price Hits New Low \u2014 Is It Time To Buy?","url":"http:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-hash-price-hit-low\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Opeyemi Sule"}],"creator":["Opeyemi Sule"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","btc","btcusdt","cryptoquant","julio moreno"],"dateCreated":"2024-08-31T14:30:50Z","datePublished":"2024-08-31T14:30:50Z","dateModified":"2024-08-31T14:30:50Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Hash Price Hits New Low \\u2014 Is It Time To Buy?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin\\\/bitcoin-hash-price-hit-low\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin\\\/bitcoin-hash-price-hit-low\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/iStock-1198049958.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/iStock-1198049958.jpeg?fit=1254%2C836\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Opeyemi Sule\"}],\"creator\":[\"Opeyemi Sule\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"btc\",\"btcusdt\",\"cryptoquant\",\"julio moreno\"],\"dateCreated\":\"2024-08-31T14:30:50Z\",\"datePublished\":\"2024-08-31T14:30:50Z\",\"dateModified\":\"2024-08-31T14:30:50Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/iStock-1198049958.jpeg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/638949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/590"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=638949"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/638949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/638950"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=638949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=638949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=638949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}