As BTC price gets close to $36K, Bitcoin network hash rate hits new high

[waybesuricata]

The Bitcoin network hash power is at an all-time high as the spot price looks to breach the $36,000 price mark for the first time.

Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period.

ETHE shares represent 0.09620794 of an Ether each and are currently trading for $13.80 — roughly a 21% premium over the spot price of ETH.

Grayscale’s ETHE shares have been on a roller coaster ride, surging around 500% from $4.20 at the start of October, before topping out at $25 on Dec. 22. The shares have since plummeted by 50%, posting a local low of $12 on Jan. 5.

Source and continuation of the article: https://cointelegraph.com/news/as-btc-price-gets-close-to-36k-bitcoin-network-hash-rate-hits-new-high