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Bitcoin’s current rally has brought it tantalisingly close to the $100,000 mark. Earlier today, the cryptocurrency reached an intraday high of $98,312, reflecting a 6.7% gain in just 24 hours. 

Bitcoin hits $98,000: New high signals growing momentum for $100K

MicroStrategy’s bold Bitcoin strategy has had a major impact on its own success. The company has now climbed into the top 100 publicly traded companies in the US, now ranking 97th. 

MicroStrategy sets new record with massive Bitcoin purchase

Experts believe the drop in the hashrate could mean that miners expect the current rally to slow down.

Bitcoin’s rise in value contrasts with drop in mining activity