Bitcoin Holds Above $41K as Hashrate Surged to All-Time High

Bitcoin held above the $41,500 resistance level over the weekend after declining from $46,000 last week, and has shown strength this month after a dip to yearly lows of $33,000 in January. The Relative Strength Index (RSI) levels showed readings of 39 Monday, suggesting an end to the weekend slide as hashrates for the Bitcoin network hit lifetime highs.