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Bitcoin hashrate tops 1,000 EH/ s: What it means for the Bitcoin price

Published on 10/28/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Spot ETFs drew 526.7 million USD on October 19. Bitcoin price is 80,900.80 USD on October 28, 2026, up 1.17 percent.

Network strength and fund flows

  • Bitcoin's seven-day average hashrate reached 1,031.61 EH/s on October 17, 2026.
  • Spot Bitcoin ETFs recorded 526.7 million USD of inflows on October 19, 2026.
  • The Bitcoin price stands at 80,900.80 USD as of October 28, 2026, 1.17 percent above the UTC daily close of October 27, 2026.
  • Bitcoin ranks first by market capitalization, with 20.10 million BTC circulating.
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Bitcoin (BTC) recorded a seven-day average hashrate of 1,031.61 exahashes per second (EH/s) on October 17, 2026, the highest level since March 3, according to TokenPost. The Bitcoin price stands at 80,900.80 USD as of October 28, 2026, up 1.17 percent compared with the UTC daily close of October 27, 2026.

Network computing power reaches 1,031.61 EH/s

Hashrate measures the computing power used to process and secure transactions. TokenPost reported that the weekly average reached 1,031.61 EH/s on October 17, 2026, while the current network reading in its report was 1,031.00 EH/s. The same report said the weekly average was the highest since March 3, 2026, and explained that the metric indicates the level of mining participation.

A higher hashrate reflects more computing power being directed toward the network, but it does not identify which operators supplied that power. TokenPost also reported that the realized hashrate of publicly traded miners fell by 15 percent in the first half of 2026, showing that network-wide strength and individual mining-company activity can move differently.

Spot funds record 526.7 million USD of inflows

U.S. spot Bitcoin ETFs, which hold Bitcoin directly for exchange-traded shares, recorded 526.7 million USD of inflows on October 19, 2026, according to EconoTimes. The report said the funds had recorded 228.4 million USD of net withdrawals from October 12, 2026, through October 16, 2026. Those figures describe fund flows rather than direct activity on the Bitcoin network.

Citigroup raised its 12-month Bitcoin price target to 113,000 USD from 82,000 USD on October 1, 2026, according to Fortune. That is a third-party assessment, not a guaranteed market outcome.

Bitcoin market data on October 28, 2026

The Bitcoin price is 80,900.80 USD as of October 28, 2026, according to Investing.com. It is up 1.17 percent compared with the UTC daily close of October 27, 2026. The daily high is 81,209.00 USD and the daily low (UTC day) is 80,605.60 USD. Market capitalization is 1,630.00 billion USD, ranking Bitcoin first, and 24-hour volume is 22.32 billion USD. Circulating supply is 20.10 million BTC.

Bitcoin by the numbers on October 28, 2026

  • Cryptocurrency: Bitcoin
  • Ticker: BTC
  • Price (as of October 28, 2026): 80,900.80 USD
  • Change vs. UTC daily close of October 27, 2026: +1.17 percent
  • Daily high / daily low (UTC day): 81,209.00 USD / 80,605.60 USD
  • Market capitalization: 1,630.00 billion USD (rank 1)
  • 24-hour volume: 22.32 billion USD
  • Circulating supply: 20.10 million BTC

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