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Home Crypto Exchanges

Bitcoin sees sixth straight problem improve amid record-breaking hash price surge

November 27, 2023
in Crypto Exchanges
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Fast Take

Bitcoin’s community dynamics are presently going by way of an thrilling part, with the upcoming problem adjustment exceeding 5%. The issue adjustment continues to place in all-time highs and is now above 68T.

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This makes it the sixth consecutive constructive adjustment this yr—a streak solely beforehand seen from December 2021 to February 2022. The current explosion in Bitcoin’s hash price is a essential part behind this upward adjustment.

Bitcoin Issue: (Supply: Glassnode)

On Nov. 19, the community recorded the best single-day hash price in its historical past. This surge in hash price, indicating elevated miner participation, and the following problem changes underscore the robustness and adaptive nature of Bitcoin’s decentralized community.

Bitcoin Hash Rate: (Source: Glassnode)
Bitcoin Hash Price: (Supply: Glassnode)

The put up Bitcoin sees sixth straight problem improve amid record-breaking hash price surge appeared first on CryptoSlate.



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