Bitcoin (BTC) $78,260.48 0.28%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 86.834803 0.88%
Cardano (ADA) $0.26 1.29%
Chainlink (LINK) $9.78 1.03%
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Market Cap: $2,603,903,110,396

24h Vol: $54,566,895,763

CoinGape

2022-12-06 04:35:04

Bitcoin (BTC) Sees Another Hash-Ribbon Inversion, Why Investors Need to be Cautious?

Bitcoin (BTC) Sees Another Hash-Ribbon Inversion, Why Investors Need to be Cautious?

Over the last month and more, the Bitcoin (BTC) hashrate has been on the downturn with miners struggling to continue their operations amid the strong correction. The Bitcoin network is likely to see its largest mining difficulty adjustment in over a year. On-chain data provider Glassnode reports: “The #Bitcoin protocol has just decreased mining difficulty The post Bitcoin (BTC) Sees Another Hash-Ribbon Inversion, Why Investors Need to be Cautious? appeared first on CoinGape .

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