Bitcoin's mining difficulty has fallen 18.5% from its peak, marking the biggest drop since the 2021 China crackdown on mining. This decline reflects miners shutting down operations due to Bitcoin's price dropping over 50% from its October 2025 high, making mining less profitable especially for those with older equipment and high energy costs. Some miners are shifting resources to AI tasks where contracts are more stable. The difficulty adjustment helps maintain a 10-minute block time despite changes in mining power, so this drop indicates fewer active miners securing the network. Market sentiment is pressured by falling AI stocks, but technical indicators suggest Bitcoin may be oversold heading into the weekend.
The anticipated altseason, where altcoins outperform Bitcoin, has not occurred for over 260 days, marking a record delay. Bitcoin dominance remains above 55%, indicating capital is still concentrated in Bitcoin rather than rotating into altcoins. Ins...
South Korea's Kospi index, boosted by the AI boom, has dropped nearly 25% in four weeks, with its implied volatility doubling Bitcoin's. This surge in volatility reflects heavy losses among Korean retail traders using leverage, signaling increased ri...
Cryptocurrency markets show a general decline with Bitcoin falling 1.73% to $63,044 and Ethereum dropping 2.63% to $1,833.83. Other major coins like Binance Coin and XRP also saw decreases, reflecting a cautious market sentiment. Stablecoins remain s...
Bitcoin fell from mid-$65,000s to low-$63,000s as geopolitical tensions between the U.S. and Iran escalated, triggering a risk-off sentiment in markets. Over $180 million in Bitcoin futures liquidations occurred, mainly hitting long positions near th...
On July 17, $1.2 billion worth of Bitcoin options and $230 million worth of Ethereum options expired, reflecting cautious trading with no clear market direction. Bitcoin remains rangebound between $60,000 and $65,000, while Ethereum shows bearish hed...
