In the last two hours, Bitcoin has been relatively stable, ranging between $62,229 and $62,358, according to available updates. The trading volume over the past 24 hours has reached $257.13 million, reflecting moderate activity in the market.
Recent market news indicates a sharp increase in CleanSparkâs hashrate by 187%, which reinforces optimism about the networkâs stability and mining power. The recent US jobs report also gave Bitcoin a positive boost amid expectations of further growth in Q4 2024.
In terms of resistance levels, $62,500 appears to be a major resistance level. Breaking this level could signal a further price surge in the coming days.
