"Time Preference”- 36th Edition

1) # Full nodes (reachable) - 18,292 (-1.44%)

2) # LN nodes - 13,404 (+0.40%)

3) LN capacity (BTC) - 4,625 (-0.49%)

4) BTC addresses > 1M sats - 12.52M (+0.20%)

5) BTC addresses > 10M sats - 4.55M (-0.20%)

6) BTC addresses > 100M sats - 1.016M (-0.23%)

7) Hashrate (EH/s) - 554 (-1.25%)

8) Price - $63,142 (+22.08%) (Sunday close)

9 Price/Hashrate - 114 (+23.62%)

10) Michigan businesses accepting BTC (btcmap.org) - 16 (n/c)

11) Routing Events - 238 (-93.87%)

12) Routing Sats - 1,184 (-33.03%)

* % change figures from prev.

22% increase in the price of 1 BTC per USD. Wild.

Hash rate continues to chop, address count chop, LN nodes first slight increase in quite some time. It's been 4 weeks exactly since I said I'm cautious here on price around ~$43k with rates and USD ripping. "Queue run to $70k" I said in that report, as a contra trade to my bearish thinking. Well, here we are!

Not sure what to think anymore but I'm still not super duper bullish so I guess we have more room to run?

Have a great week!

#bitcoin #timepreference #mining #Einundzwanzig #michigan #LightningNetwork ⚡️