According to Odaily, data from Luxor's hashrateindex.com indicates that Bitcoin's total hashrate has reached a new all-time high based on the 7-day simple moving average (SMA). On July 25, the hashrate hit 677 EH/s, surpassing the previous peak of 659 EH/s recorded on May 25. Additionally, using the 3-day SMA, Bitcoin's network hashrate achieved a historic high of 707 EH/s on July 22.