Bitcoin Hash Ribbons
30-day and 60-day simple moving averages of Bitcoin's network hashrate.
Charles Edwards' Hash Ribbons: the 30-day SMA crossing below the 60-day SMA has historically signaled miner capitulation; crossing back above has signaled the end of capitulation.
Request format
curl -X GET "https://newhedge.io/api/v2/metrics/hash-ribbons/METRIC_NAME?api_token=YOUR_TOKEN"api_token (required) — 24 character token.
resolution (optional) — 1d (default), 12h, 4h, 1h, 30m, 10m, coarsest to finest. Finer buckets are served to Advanced and Enterprise accounts, and only for the metrics that ingest them (listed per metric below); see Resolutions.
before (optional) — exclusive cursor, returns observations older than this timestamp_ms. Works on every resolution.
limit (optional) — the most recent N observations, maximum 5000. Finer resolutions page by default (2500); a 1d request returns the whole series unless you send limit or before.
before and limit narrow a time series. A response with no single time axis, such as a hash keyed by venue or a labelled snapshot table, has nothing to cut on. It is returned whole, and both parameters are ignored rather than rejected.
A before that is not a positive epoch-millisecond timestamp is a 400. It is the one paging value we reject rather than ignore, because a page size has a sensible default and a cursor does not.
include (optional) — definition wraps the response as {"definition": …, "data": …} and returns the record shown under each metric; see Definitions. Any other value is a 400.
:metric_name — one of the metric names listed below.
200 with JSON payload, 400 for an unknown include value, 401 for missing/invalid token, 404 for missing resources. A 404 for a metric withdrawn on purpose adds withdrawn, withdrawn_on and reason, for example {"error":"Metric not found","withdrawn":true,"withdrawn_on":"2026-09-07","reason":"The venue's public feed reports insurance-fund settlements, not liquidation orders."}; a removed chart can add successor.
Plan and quota refusals keep these statuses and error texts and add code, required_plan, current_plan, feature, upgrade_url, limit and resets_at where they apply. A Pro token whose history window removed points also gets the X-Newhedge-History-Truncated headers, and for a Pro token X-Newhedge-Available-From is the start of the window. See Errors and plan limits.
Metrics
Each metric is fetched independently. Responses are trimmed samples to show structure.
30-Day SMAhashrate_30d_sma
Data used by the Bitcoin Hash Ribbons chart.
Resolutions: 1d, 12h, 4h, 1h, 30m, 10m.
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate_30d_sma?api_token=YOUR_TOKENReplace `YOUR_TOKEN` with your API token.
[
[
1792540800000,
1006.76697838213
],
[
1792627200000,
1004.686052471091
],
[
1792713600000,
1017.305848189002
]
]Units: hashrate_eh_s
Timestamp (1d): Labelled 00:00 UTC of the day it describes.
Timestamp (finer resolutions): A finer resolution is labelled in UTC at the end of the interval it covers, not at its start. Add include=definition to a request and the definition describes the bucket that request was served.
Calendar: calendar_daily
60-Day SMAhashrate_60d_sma
Data used by the Bitcoin Hash Ribbons chart.
Resolutions: 1d, 12h, 4h, 1h, 30m, 10m.
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate_60d_sma?api_token=YOUR_TOKENReplace `YOUR_TOKEN` with your API token.
[
[
1792540800000,
973.1996574482545
],
[
1792627200000,
973.9322050787233
],
[
1792713600000,
979.6298858429756
]
]Units: hashrate_eh_s
Timestamp (1d): Labelled 00:00 UTC of the day it describes.
Timestamp (finer resolutions): A finer resolution is labelled in UTC at the end of the interval it covers, not at its start. Add include=definition to a request and the definition describes the bucket that request was served.
Calendar: calendar_daily
Hashratehashrate
Data used by the Bitcoin Hash Ribbons chart.
Resolutions: 1d, 12h, 4h, 1h, 30m, 10m.
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate?api_token=YOUR_TOKENReplace `YOUR_TOKEN` with your API token.
[
[
1792540800000,
1097.140237548331
],
[
1792627200000,
894.4837605489577
],
[
1792713600000,
1229.915170754817
]
]Units: hashrate_eh_s
Timestamp (1d): Labelled 00:00 UTC of the day it describes.
Timestamp (finer resolutions): A finer resolution is labelled in UTC at the end of the interval it covers, not at its start. Add include=definition to a request and the definition describes the bucket that request was served.
Calendar: calendar_daily