Bitcoin Network Status Update Thursday, July 12, 2018


###Status of the Bitcoin network as of Thursday, July 12, 2018 at 12:00:02 EST:

**Total bitcoins:** 17,145,283.545121

**Height:** 531,629

**Difficulty:** 5,363,678,461,481.357422

######Statistics for the past 24 hours:

**Number of blocks mined:** 136

**Total bitcoins output (amount sent):** 869,703.248854

**Total fees:** 19.074197

**Average time until block found:** 10 minutes, 35 seconds

**Estimated hashrate:** 36,261,666,726.590729 gh/s

**Current price:** US$6,169.17

*Data provided by [Smartbit.com.au](https://www.smartbit.com.au). Price data provided by [Coinbase.com](https://www.coinbase.com).*

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Overall market analysis & update for the past week (July 9th) – Over 1,000 Cryptocurrencies are “Dead Projects”😵


After dropping to $5,800 last week, [**Bitcoin**](https://prediction.us14.list-manage.com/track/click?u=2a7d6f232b7f23341b78f6fe7&id=7358bb58d4&e=a4a5f7fbc2) has rebounded to around $6,700 over the past few days. As a result, most cryptocurrencies are up between 7-25 percent over the last seven days and trading volumes have also seen noticeable increases. It’s still however too early to say if we have reached a turning point. At the moment the Japanese yen is capturing around 48.2% of BTC trades, followed by Tether (USDT 36.7%), USD (9.6%), KRW (1.9%) and EUR (1.3%). It seems like Bitcoin’s price is heavily dependent on investors from Japan for the time being.  

Read more: [https://prediction.vc/story/overall-market-analysis-update-for-the-past-week-july-8th-over-1-000-cryptocurrencies-are-dead-projects](https://prediction.vc/story/overall-market-analysis-update-for-the-past-week-july-8th-over-1-000-cryptocurrencies-are-dead-projects)

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Bitcoin Network Status Update Tuesday, July 10, 2018


###Status of the Bitcoin network as of Tuesday, July 10, 2018 at 12:00:01 EST:

**Total bitcoins:** 17,141,783.545121

**Height:** 531,349

**Difficulty:** 5,363,678,461,481.357422

######Statistics for the past 24 hours:

**Number of blocks mined:** 144

**Total bitcoins output (amount sent):** 926,529.581772

**Total fees:** 21.720358

**Average time until block found:** 10 minutes, 0 seconds

**Estimated hashrate:** 38,394,705,963.870041 gh/s

**Current price:** US$6,381.81

*Data provided by [Smartbit.com.au](https://www.smartbit.com.au). Price data provided by [Coinbase.com](https://www.coinbase.com).*

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