Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27-July 3 By Cointelegraph – Investing.com
- Date: 05-Jul-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27-July 3 By Cointelegraph – Investing.com
Bitcoin has recorded its biggest mining difficulty drop of nearly 28%, but one model suggests prices will not bottom until October.
The drop is in response to the ongoing miner migration out of China and the subsequent loss of hash rate and this could deliver a profit boost for the miners still at work.
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