Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

Bitcoin network fundamentals appear unconcerned with spot price decline, with both difficulty and hash rate recovering well.

Bitcoin (BTC) may have dropped below $20,000 in six weeks, but its network fundamentals are everything but gloomy.

The most recent on-chain metrics demonstrate that, far from collapsing, hash rate and difficulty are rapidly increasing.

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