Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin mining difficulty drops 18.5%, largest since 2021 China ban, signaling miner shutdowns amid price falls.

Market News
17 Jul 2026
UToday
View Source
Bearish
pluang ai news

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.

More News (BTC)

TRUMP memecoin rallies nearly 90% then faces profit-taking and possible drop below $2

TRUMP memecoin rallies nearly 90% then faces profit-taking and possible drop below $2

TRUMP memecoin surged almost 90% in five days, driven by bullish sentiment from U.S. political support for Bitcoin. After peaking near $3.68, heavy profit-taking pushed the price below $3 and now below $2. Technical signals suggest a likely test of $...

Technical Signals
Bearish
4 hours ago
Bitcoin enters a new bull market as key indicators turn bullish and price hits $80,000.

Bitcoin enters a new bull market as key indicators turn bullish and price hits $80,000.

Bitcoin has started a strong recovery, with its price rising 24% since August 17 to $80,000, the highest since mid-May. CryptoQuant founder Ki Young Ju declared the Bitcoin bear cycle over, supported by bullish market indicators and increased demand....

Technical Signals
Bullish
5 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $78K and notable drops in altcoins like XRP and ADA.

Cryptocurrency prices show mixed movements with Bitcoin near $78K and notable drops in altcoins like XRP and ADA.

Cryptocurrency prices are fluctuating with Bitcoin trading around $78,338, slightly down by 0.40%. Ethereum and Binance Coin show small gains, while several altcoins such as XRP, ADA, and SOL experience notable declines, some exceeding 3%. These mixe...

Market News
Neutral
6 hours ago
Cryptocurrency prices show mixed movements with Bitcoin down 0.6% and Ethereum up 0.33%.

Cryptocurrency prices show mixed movements with Bitcoin down 0.6% and Ethereum up 0.33%.

Cryptocurrency markets displayed mixed price changes, with Bitcoin falling 0.6% to $78,447 and Ethereum rising slightly by 0.33% to $2,470.75. Other coins like XRP and DOGE saw notable declines, while a few altcoins experienced modest gains. These fl...

Market News
Neutral
6 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $78,455 and notable drops in XRP and ADA.

Cryptocurrency prices show mixed movements with Bitcoin near $78,455 and notable drops in XRP and ADA.

Cryptocurrency prices are fluctuating with Bitcoin trading around $78,455, slightly down by 0.84%. Ethereum is up marginally by 0.22%, while other major coins like XRP and ADA have seen significant declines of over 4-6%. These mixed movements reflect...

Market News
Neutral
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App