Bitcoin’s 15% difficulty spike allows one on-chain metric to flip miners from sellers to hoarders in days
Bitcoin difficulty just reset about 15% higher to roughly 144. 40T. While this is neither the first nor the last, it is the largest since around 2021. The timing is important because the protocol tightened miner economics while Bitcoin has been chopping around the mid-$60,000s with repeated tests near $65,000
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