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Bitcoin mining difficulty to drop 7.5% Friday, easing pressure on miners amid price near $73,470

Market News
12 Nov 2026, 11:22 WIB
CryptoTicker
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Neutral
Bitcoin mining difficulty to drop 7.5% Friday, easing pressure on miners amid price near $73,470

Bitcoin's mining difficulty is expected to decrease by about 7.5% on Friday, marking the steepest drop since June, due to fewer machines mining and slower block production. This reduction eases selling pressure on miners by increasing their bitcoin rewards for the same computing power, but it does not guarantee a price recovery. Bitcoin is trading around $73,470, just above its 200-day moving average of $73,125, with price direction likely influenced more by fund flows and upcoming Fed decisions than mining dynamics. Investors should watch key price levels and consider low leverage due to market volatility.

Bitcoin mining difficulty is expected to drop 7.5%, easing miner pressure but not guaranteeing price recovery. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 12, 2026 16:31 WIB: out of 50 major cryptocurrencies, 13 rose and 35 fell. Notable moves include SXP down 46.27% at Rp37, BAL up 11.14% at Rp16.297, and ENJ down 9.62% at Rp382.

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