Diamond Hands: Bitcoin Miners Refuse to Give Up During Price Dip
Despite the 12% correction in Bitcoin (BTC) prices, the mining difficulty has reached an all-time high, and the balance in miners’ wallets continues to…
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Despite the 12% correction in Bitcoin (BTC) prices, the mining difficulty has reached an all-time high, and the balance in miners’ wallets continues to…
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Bitcoin miners are engaged in an arms race in computing power. The recent recalculation increased BTC mining difficulty by 9.95%, despite the spike mi
Jan 13, 2021 03:27 GMTCrypto News Bitcoin price correction might be nearing an end as several on-chain metrics hint that the bull run is just getting started. The downswing allowed sidelined investors to get back into the market, creating an opportunity for a new leg up. Bitcoin price retraced more than 20% after hitting a new all-time high of $41,986 on January 8. While the chances of further losses remain high, it might set the conditions for a new influx of capital that ignites a new uptrend. Bitcoin on-chain indicators rise to record highs Number of Active Addresses on the Bitcoin netw...