Hashrate Asset Group
Sep 7, 2024
Mining Operations
According to trading data from Binance. From early August to around August 7, the price shows a clear downtrend, dropping rapidly from around 60,000 USDT to approximately 50,000 USDT. From August 7 to August 13, the price begins to rebound from around 50,000 USDT, showing a general upward trend and reaching a peak of around 58,000 USDT on August 13. From August 13 to around August 19, the price exhibits a sideways movement, fluctuating between 54,000 USDT and 60,000 USDT without a clear trend. From August 19 to around August 25, there is significant volatility, with a noticeable upward trend breaking through the 60,000 USDT level, reaching a peak of around 64,000 USDT around August 25. From August 25 to early September, after reaching a high point, the price falls rapidly, forming a downtrend and returning to around 58,000 USDT, where it consolidates within this range.