The network hash rate hit a new high of 165.992 Million Tera Hash per second (TH/s). Hash rate is a unit of measurement for the Bitcoin network's processing power. A higher hash rate indicates that more miners are processing transactions. At the time of writing, Bitcoin was trading at US$57,750, with a high of US$58,200. The crypto's market capitalization is around US$1.078 billion, with a circulating supply of 18.6 million BTC.