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News Explorer — Decrease in Bitcoin Mining Difficulty Could Signal a Bottom in BTC Price

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Jul 9, 10:45 pm
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Decrease in Bitcoin Mining Difficulty Could Signal a Bottom in BTC Price

Bitcoin's total hash rate has declined, leading to a 7.8% decrease in the Bitcoin network's block-mining difficulty. This drop in hash rate and difficulty is rare and has historically been associated with a bottom in Bitcoin prices. Miner capitulation is ongoing, with the daily average mined value currently at 72% of the yearly average.

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Jul 24, 10:13 am
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Jul 24, 9:40 am
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Jul 24, 9:09 am
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Jul 24, 6:52 am
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Jul 24, 7:13 am
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Jul 24, 5:44 am
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Jul 24, 1:05 am
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Jul 24, 12:20 am
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Kraken Completes Its Return of Bitcoin to Mt. Gox Customers

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Jul 23, 10:40 pm
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Citi Research Raises Price Target for Coinbase Stock Citing Supreme Court Ruling

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Jul 23, 10:17 pm
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Jul 23, 9:34 pm
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Ethereum ETFs Surpass $1 Billion in Trading Volume on First Day—With No Price Impact

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Jul 23, 7:09 pm
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Grayscale's Ethereum Mini Trust Could Help Avoid GBTC-Like Redemptions Run

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Jul 23, 4:50 pm
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Jul 23, 3:00 pm
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Jul 23, 1:47 pm
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