menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin Mi...
source image

Crypto-News-Flash

4d

read

8

img
dot

Image Credit: Crypto-News-Flash

Bitcoin Mining Difficulty Reaches New High of 100 Trillion-Will This Propel BTC to $120,000?

  • Bitcoin's mining difficulty reached a new all-time high of 101.65 trillion, indicating a tougher mining process.
  • Bullish signals from the Market Value Realized Value (MVRV) indicator suggest Bitcoin could climb to $120,000.
  • The MVRV indicator surpassed the 365-day average and is now above the 4-year average, indicating the upward trend remains intact.
  • Bitcoin's surging mining difficulty strengthens the network's security and fuel scarcity, potentially leading to a price surge.

Read Full Article

like

Like

For uninterrupted reading, download the app