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Bitcoin Price Prediction: Price Falls Below $91K as Mining Difficulty Hits New High

  • Bitcoin price fell below $91K as mining difficulty reaches new high.
  • Bitcoin's price on CoinMarketCap is currently at $90,567, showing a decline in the past day and week.
  • Bitcoin's mining difficulty reached an all-time high of 110.45 trillion, reflecting intense competition among miners.
  • The rising difficulty presents challenges for miners, squeezing profit margins and leading to diversification. Bitcoin's price faces support levels at $87K and $76K.

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