{"id":10397,"date":"2025-06-24T08:55:00","date_gmt":"2025-06-24T07:55:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=10397"},"modified":"2025-06-24T09:41:50","modified_gmt":"2025-06-24T08:41:50","slug":"bitcoin-price-rebound-overnight-reasons","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-rebound-overnight-reasons\/","title":{"rendered":"What Sparked Bitcoin’s Price Rebound Overnight ?"},"content":{"rendered":"\n

Why BTC Surprised the Markets Last Night<\/h2>\n\n\n\n

After briefly dropping below $98,500 on Sunday<\/strong>, Bitcoin<\/a> quickly regained the $106,000 mark on Monday. This indicates strong demand from institutional investors<\/strong> despite growing global turmoil. However, this sudden volatility has raised concerns about the stability of Bitcoin mining<\/strong>. An 8% decline in the observed hashrate during the Middle East crisis is evident.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

Source: CoinGlass<\/p>\n\n\n\n

Some analysts have indeed noticed a significant drop in Bitcoin\u2019s hashrate<\/strong>. It decreased from 943.6 million terahashes<\/strong> per second (TH\/s) to 865.1 million TH\/s between Sunday and Thursday, marking an 8% decline<\/strong> that fueled speculations about potential disruptions in mining operations in the region. Meanwhile, geopolitical tensions are escalating.<\/p>\n\n\n\n

\n

"Where is all the hashrate coming from?"

Iran. ~2 GIGAWATTS \u26a1\ufe0f\u26a1\ufe0f (and most of it's illegal)
@AsILayHodling<\/a> dropped a BANGER feature story in @blockspacepod<\/a> this morning.

Wild takeaways:

\u2192 Iranians are actively skirting sanctions with Bitcoin mining
\u2192 There's over 3K flared\u2026
pic.twitter.com\/xKEPxAuw58<\/a><\/p>— cbspears \u25c9 (@cbspears) May 14, 2025<\/a><\/blockquote>