![\"Bitcoin](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/10\/bitcoin-posts-a-66-day-consecutive-streak-above-the-10k-price-range-768x432.jpg\")
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The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH\/s). <\/strong><\/p>\n As of today, October 1, 2020, bitcoin (BTC<\/a>) has closed above the $10,000 price range for 66 straight days<\/a>. The last time BTC<\/a> saw the price stay above $10k consecutively was on December 1, 2017, when the crypto asset posted a record 62-day streak.<\/p>\n Coin market capitalization web portals<\/a> show there are over 7,000 digital assets in existence and BTC<\/a>\u2019s overall market valuation represents 57% of the $350 billion aggregate total. Statistics show BTC<\/a> is down over -8% during the last 30 days, but up +20% for the last 90 days and up +29.7% against the USD in 12 months.<\/p>\n The 66-day streak above $10k has also seen some higher prices as the top digital asset topped $12.5k within the timespan. The streak only counts the day\u2019s closing prices, as BTC<\/a> had dropped below the $10k region on September 3rd, 4th, 5th, 7th, and 8th to the $9,800 range.<\/p>\n Despite managing to drag the BTC<\/a> price below $10k, all of these instances saw the crypto asset close the day above the psychological price point.<\/p>\n Meanwhile, BTC<\/a> touched another milestone this week, as miners have minted over 88% of all the BTC<\/a> that will ever circulate. Bitcoin\u2019s current money supply or the number of coins in circulation today is 18,504,918 BTC<\/a> at 9:30 a.m. EST on October 1st. Currently, the BTC<\/a> issuance rate or inflation rate is around 2.9% after dropping from 3.6% measured<\/a> at the end of February 2020.<\/p>\n In the midst of the 66-day streak and over 88% of the BTC<\/a> supply being issued, the Bitcoin network hashrate has been higher than ever. At the time of publication, BTC<\/a>\u2019s overall SHA256 hashrate is riding above the 140 exahash per second<\/a> range (EH\/s).<\/p>\n Today there are 18 publicly known mining operations hashing away at the BTC<\/a> chain and the mining pool Btc.com captures over 16%<\/a> of the network hashrate. This is followed by mining operation F2pool (14.15 %), Poolin (12.44 %), Huobi (10.24 %), Antpool (9.51 %), and Viabtc (6.83 %) respectively.<\/p>\n Today, BTC<\/a> has been trading between $10,500 to $10,850 with an aggregate market cap of over $190 billion. Bitcoin\u2019s price slid during the mid-afternoon (EST) trading sessions on Thursday by 4%. Bitcoin enthusiasts, traders, and speculators now wonder how long the current $10k streak will last.<\/p>\n What do you think about bitcoin\u2019s 66-day $10k streak? Let us know what you think in the comments section below.<\/strong><\/em><\/p>\n The post Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range<\/a> appeared first on Bitcoin News<\/a>.<\/p>\n![\"Bitcoin](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/10\/66days.jpg\" "\\"Bitcoin")
<\/p>\n![\"Bitcoin](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/10\/hashrate220299.jpg\" "\\"Bitcoin")
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