This week, Bitcoin strongly broke through $90,000, $92,000, and $94,000, breaking free from months of downward trend and starting a new round of upward cycle. The market is worried about the tense relationship between Trump and the Federal Reserve, as well as the unclear direction of dollar policy, which is driving funds into Bitcoin. At the same time, the easing of China-U.S. trade relations is also boosting market sentiment. The expectation of price increases is likely to improve miners' costs and profitability.

This week, the price of Bitcoin has strongly rebounded from previous lows, maintaining overall above $82,000. Despite multiple attempts to break through, it has not achieved an effective breakthrough. Bullish forces are trying to gently push the market up, but the overall trend is still highly constrained by the macroeconomic environment. Meanwhile, on April 13, the total network hash rate of Bitcoin briefly surpassed 1000 EH/s, setting a new historical high.

This week, driven by macro factors, the Bitcoin market experienced significant volatility, with overall sentiment strongly influenced by external variables. In terms of mining, current mining revenues are generally below the breakeven point, and most miners are facing profit compression or even losses. Bitcoin completed a new round of difficulty adjustment at block height 891,072, with the difficulty increased by 6.81% to 121.51 T, setting a new historical high and further intensifying the operational pressure on miners.

This week, the Bitcoin market was affected by Trump's latest tariff policy, with the market rising and then falling. Analysts expect that if a second rebound occurs, the base price of Bitcoin could rise to around $110,000. In the current market environment, miners' profit margins are facing significant pressure. In addition, the mining difficulty of the Bitcoin network is expected to see a new round of adjustments in about one day.

HashWhale has launched a newly upgraded cloud computing mining solution, focusing on the innovation of the "mining + finance" ecosystem, dedicated to comprehensively enhancing users' investment returns and asset management experience.

This week, the price of Bitcoin rose above $86,800, significantly increasing market activity. However, tariff threats have weighed on the U.S. stock market and the Bitcoin market, bringing new uncertainties. In March, due to the dual impact of increased mining difficulty and Bitcoin price fluctuations, the overall earnings of Bitcoin miners declined. Currently, the profitability of Bitcoin mining is at a critical juncture.

This week, as panic gradually subsides, market confidence has improved, and investors' willingness to buy the dip has significantly increased. Former President Trump has promised to make the United States a Bitcoin superpower, which has filled the market with expectations for the future. However, despite the warming market sentiment, the economics of mining still face challenges, with rising costs compressing miners' profit margins. The market is waiting for a key trigger point that may determine the next direction of the Bitcoin market.

HashWhale will showcase its innovative cloud computing mining solutions at the 2025 Global Bitcoin Mining Summit Mining Disrupt, at #BOOTH 67. The summit will bring together industry leaders to discuss mining technology, financial applications, and sustainable energy. With its own mining farms, innovative financial products, and barrier-free mining model, HashWhale helps users achieve higher returns and promotes innovation in the mining ecosystem.

This week, the legislative discussion on Bitcoin reserves entered an intense phase, with various political forces participating and showcasing different positions and viewpoints. Meanwhile, the difficulty of Bitcoin mining is approaching historical highs, reflecting an increasingly harsh operating environment for miners. As for the price of Bitcoin, the overall trend remains unclear, with the market maintaining a range-bound consolidation state, requiring further observation of the breakout direction in the short term.

This week, Trump's statements on cryptocurrency and the signing of an executive order to establish a strategic Bitcoin reserve have impacted Bitcoin price fluctuations, with the market showing a high sensitivity to macro news. At the same time, the decline in Bitcoin prices combined with rising mining costs has put pressure on miner profits, intensifying competition in computing power and presenting new challenges for the mining ecosystem.

This article provides a detailed analysis of the price trends, technical analysis, capital flow, and hash rate changes in the Bitcoin market from February 24 to March 2, 2025, and explores the impact of global macroeconomic policies and miner income on the market. Additionally, it discusses the fluctuations and adjustments in Bitcoin prices and changes in market sentiment, offering profound insights into future trends.

Jointly explore the development trends of the Bitcoin industry, the innovative opportunities of cloud mining, and its important role in the global digital asset ecosystem.

In the third week of February 2025, the Bitcoin market experienced significant volatility, with price fluctuations ranging from $93,487 to $99,454, a swing of over $6,000. The combination of hawkish signals from the Federal Reserve and economic weakness in Central Europe suppressed market risk appetite, while Texas, Montana, and Utah accelerated the advancement of Bitcoin reserve legislation. Trump's signing of an executive order to end the "crypto war" fueled the rising narrative of sovereign reserves.

According to YCharts data, the total daily revenue of miners dropped to $43.52 million on February 10, a decline of 10.48% from the previous day and a year-on-year decrease of 7.3%. The profit margins for miners have been squeezed due to increased mining difficulty and rising energy costs. In addition, the average transaction confirmation time on the Bitcoin network has reached 19 minutes, setting a new historical high, mainly influenced by network congestion, block size limitations, and fluctuations in transaction fees.

The "HODL to the Moon" dinner aims to provide a high-quality communication platform for industry participants to discuss the development direction of the Bitcoin ecosystem.

The Puell multiple has remained above 1 since January 13, indicating that miner revenue is still relatively healthy. To prevent further miner capitulation, the Bitcoin price needs to rebound and stabilize above $100,000 to ensure the sustainable profitability of miners. On February 9, 2025, the Bitcoin network hash rate set a new record, surpassing 810 EH/s and reaching 818 EH/s.

The cost of Bitcoin mining is approximately $26,000 to $28,000; the cost of Bitcoin mining is approximately $26,000 to $28,000.

According to the report, the main cost of Bitcoin mining in 2025 is expected to be around $26,000 to $28,000 per Bitcoin, while the current trading price of Bitcoin is about $105,000, indicating that mining activities still have considerable profit margins.

On January 27, 2025, the Bitcoin network completed a new round of difficulty adjustment at 11:22:53, with the difficulty value decreased by 2.12% to 108.11T. Currently, the average hash rate of the Bitcoin network is 806.57 EH/s, and the next Bitcoin mining difficulty is expected to increase by 1.82% on February 9, rising to 110.08 T.

The difficulty of Bitcoin mining has been adjusted positively for the eighth consecutive time; multiple states in the U.S. have proposed Bitcoin strategic reserve bills.